CURRENT AFFAIRS
CURRENT AFFAIRS
Description
Shri Sandeep Poundrik has formally taken over as Secretary of the Ministry of Steel, succeeding to his position in Udyog Bhawan. Poundrik, a 1993-batch IAS officer from the Bihar cadre, was warmly greeted by senior Ministry officials upon his appointment.
Previous Roles And Experience
Poundrik's broad career includes serving as Additional Chief Secretary in Bihar's Industries Department, as well as many other governmental jobs. He has also worked as an Advisor for the National Disaster Management Authority (NDMA) in the Ministry of Home Affairs and as a Joint Secretary in the Ministry of Petroleum and Natural Gas.
Immediate Action And Sector Review
Poundrik convened a conference with senior Ministry officials shortly after taking office to assess progress and advancements in India's steel sector.
Steel Production Growth
The steel sector has grown dramatically, with crude steel production reaching 144.3 million tonnes (Mt) in fiscal year 2023-24, up from 109.14 Mt in 2019-20, according to data from the Joint Plant Committee. This growth reflects the sector's strong success over the last four years.
Government Initiatives And Impact
The Indian government has been instrumental in creating a favorable policy environment for the steel industry.
Key Initiatives Include
Infrastructure Development- The Gati-Shakti Master Plan and the 'Make in India' campaign have increased steel consumption and demand, especially in rural regions.
Rural Housing Projects- As part of the Pradhan Mantri Awas Yojana, the Ministry of Steel has launched a project to design Aanganwadis and houses using structural steel, with the goal of increasing steel use in rural housing and overall demand.
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