The minister unveiled Indian standards for green steel and hinted at incentives for the producers to encourage its production. In government procurement, green steel may get preferential treatment.
Earlier this month, the steel ministry had proposed up to 25% safeguard duty—in addition to basic customs duty—to protect the domestic industry from cheaper imports.
The proposal had come under criticism by the users industry, particularly the micro, small and medium enterprises which said that tariff increase in key raw material will increase their costs and make them uncompetitive with respect to imports, besides stoking inflation.
この記事は Financial Express Kochi の December 13, 2024 版に掲載されています。
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この記事は Financial Express Kochi の December 13, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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