Commerce Minister Urges Steel Makers To Provide Relief To Small Units

Commerce minister Piyush Goyal has urged metal makers to present aid to small industries

Government has urged metal makers to discover potentialities of offering aid to small industries that use the steel for producing varied parts and merchandise.

Commerce and Industry Minister Piyush Goyal on Thursday appealed to metal makers for assessing manufacturing prices and exploring potentialities of providing aid to small industries that use the commodity for manufacturing functions. 

The situation was mentioned in a gathering held with representatives of the metal business and the precise business.

The assembly was organised to deal with the problems flagged by small industries and exporters about metal enter costs.

Speaking on the event, Mr Goyal mentioned that "special care of micro small and medium enterprises (MSMEs) needs to be taken for easier and cost effective supply of steel".

He requested the metal business stakeholders to evaluate the manufacturing prices and discover the chances of providing aid to small industries which use metal as enter for manufacturing parts and different engineering merchandise.

Steel business stakeholders confirmed intent to help small and medium enterprises and exporters.
They assured the small enterprises and exporters about discovering reasonably priced options to deal with their challenges particularly within the wake of the pandemic.

Steel Authority of India Limited (SAIL) chairperson Soma Mondal, chief of Rashtriya Ispat Nigam Limited Atul Bhatt, JSW Steel chief Sajjan Jindal, in addition to CEO and managing director of Tata Steel, T V Narendran, have been additionally current within the assembly.