Quality of Steel Production in India
The Ministry of Steel, in collaboration with the Bureau of Indian Standards (BIS), has implemented measures to ensure high-quality steel production in India. This includes the notification of 151 BIS standards and the introduction of Quality Control Orders (QCOs). The government promotes 'Made in India' steel through the Domestically Manufactured Iron & Steel Products (DMI&SP) Policy and the Production Linked Incentive (PLI) Scheme for Specialty Steel. Additionally, the Union Budget emphasizes infrastructure expansion and adjustments in customs duties on raw materials to lower production costs.
Source: Original Link