Karnataka will become world’s No 1 steel producer in next 4-5 years: CM


From Our Special Correspondent
Daijiworld Media Network

Bengaluru, Dec 3: Karnataka will become the world Number 1 Steel Producer in the next 4 to 5 years, said Chief Minister Basavaraj Bommai in Bengaluru on Saturday.

Addressing the conference on auctioning of commercial iron ore mines and the opportunities for investment in the mining sector held under the aegis of the Union Coal and Mining Ministry, he said the State already had one of the largest steel producing factory.

While Odisha is the leading mining State in the country, Bommai said the steel producing factories in the State are known for producing the best quality steel.

The Chief Minister said technology must be adopted in the energy, mining and steel sectors and also used in extracting ores necessary for the industry.

Several companies have evinced interest in revival of the Kolar Gold Mines, he said pointing out that the State Government has already simplified the mining sector. The mining industrialists must invest in the State and help in the State’s growth and prosperity, he said.

At the same time, the mining sector must ensure that they take steps for protecting the environment and also protecting the interests of the workers. There is need for ensuring stability in the mining and steel industry. The mining activities must be conducted in a scientific manner.

Bommai said the State Government was making big investments in the renewable energy sector in the next 3 years and taking steps for hydrogen based energy production as also generation of ammonia from the sea.

The Chief Minister coal, iron ore and steel production were key sectors. The mining sector will provide a big help in the goal of Prime Minister Narendra Modi to turn the country into a US $ 5 million economy.

Govt to provide Rs 5 lakh insurance cover for physically challenged

The Chief Minister, who later participated in the International Day of the Physically Challenged and Empowerment of Senior Citiezens organised by the Physically Challenged and Senior Citizens Empowerment Department, announced that the State Government will come up with a scheme for providing free treatment up to Rs 5 lakh through an insurance cover.
Bommai said the State Government has decided to provide 3% reservation benefit for the physically challenged persons in all government housing schemes.

The Chief Minister promised to distribute 2,000 powered tricycles to the physically challenged persons by March 31 at a cost of Rs 25 crore.

The grant provided by the government for the homes providing shelter and care to the physically challenged persons has been enhanced from Rs 6,800 toRs 10,000 each and residential homes for the physically challenged persons will be providing the grant of Rs 9,000 each from the previous Rs 6,000. Similarly, the government is enhancing the grants to the blind, deaf kids as also for the daycare and old age centres. The monthly compensation to the acid attack victims is being raised from Rs 3,000 to Rs 10,000, he said.

 

 

  

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Comment on this article

  • Mahesh, Mangalore

    Sun, Dec 04 2022

    Govt policy is Always arbitrary and sudden .. Indian Steel industry suffered a export tax which dented exports .. (but Indian consumer benefitted possibly) .. .. Auto industry .. construction And other related in India all got this benefit .... Now export tax removed but global industry in recession.. China dumping because economic slow down Related to COVID .. Europe suffering because of Ukraine war etc etc .. interest rate hikes .. So steel industry. Not in very good shape overall ....

    DisAgree Agree [1] Reply Report Abuse

  • pinto, qatar/mangalore

    Sun, Dec 04 2022

    Hello Mr Feku , Forget about world’s No 1 steel producer, first open Indira canteen which is closed in BC road by not paying workers salary from 7 month ,, what a shame.

    DisAgree [1] Agree [13] Reply Report Abuse

  • Ybal, Mangalore

    Sun, Dec 04 2022

    Trying his BEST to be Number 1 in FENKING !!!!! But, alas !!!! not possible for atleast 2024, because there's one Masters Holder in FENKING!!!!!

    DisAgree [3] Agree [7] Reply Report Abuse

  • Alfria, Manglore/Mumbai

    Sun, Dec 04 2022

    Junior feku in competition, karnataka will become no 1 provided you and your party is not in power,

    DisAgree [1] Agree [10] Reply Report Abuse

  • Flavian, Mangalore/Kuwait

    Sun, Dec 04 2022

    And be proud to know that among all the States of India, Karnataka seems to have become is No.1 in (Communal & Religion hatred, anti-certain minority community, unlawful brigades such as BD, moral police, Hindu fundamentalist activists, Beef slaughter ban, Hijab & Azan issue, political murders, Trade restriction by community Cattle robberies, eloping, suicides etc.)

    DisAgree [2] Agree [13] Reply Report Abuse

  • Dinesh, Dubai

    Sun, Dec 04 2022

    Karnataka will develop if you send out your own party rioters and hate mongers who disrupt peace.

    DisAgree [1] Agree [12] Reply Report Abuse

  • roy Indian, Mangalore

    Sun, Dec 04 2022

    and most of the forest and nature land wil be destroyed . what reddy brothers did same now this BJP party will continue .

    DisAgree [1] Agree [8] Reply Report Abuse

  • Eva, Kirem

    Sun, Dec 04 2022

    This statement 'WILL BECOME IN 4-5 YEARS' is it same like pumpwell flyover and moving busstand from hampankatta to pumpwell?

    DisAgree [5] Agree [11] Reply Report Abuse

  • Moshu, Mangalore

    Sun, Dec 04 2022

    'Yatha Guru tatha Shishya'....

    DisAgree [3] Agree [10] Reply Report Abuse

  • Raman, Mangalore

    Sun, Dec 04 2022

    Yes as mentioned .. China produces nearly 1000 (thousand )million tonnes .. Vs India little above 120 million .. both crude and finished steel .. State wise Orissa leads ..

    DisAgree [3] Agree [6] Reply Report Abuse

  • Alwyn, Mangalore

    Sat, Dec 03 2022

    Karnataka will become the world’s No 1 steel producer in the next 4-5 years: CM....Bommie is dreaming!!! TATA steel is in 10th place!! I think the Bommie wants to tell this and the truth is "Karnataka will become the world’s No 1 Fake Steel Producer in the next 4-5 years if BJP comes into power: CM" RANK COMPANY TONNAGE 2021 1 China Baowu Group (1) 119.95 2 ArcelorMittal (2) 79.26 3 Ansteel Group (3) 55.65 4 Nippon Steel Corporation (4) 49.46 5 Shagang Group 44.23 6 POSCO 42.96 7 HBIS Group 41.64 8 Jianlong Group 36.71 9 Shougang Group 35.43 10 Tata Steel Group 30.59 11 Shandong Steel Group 28.25 12 Delong Steel Group 27.82 13 JFE Steel Corporation 26.85 14 Valin Group 26.21 15 Nucor Corporation 25.65 16 Fangda Steel 19.98 17 Hyundai Steel 19.64 18 Liuzhou Steel 18.83 19 JSW Steel Limited 18.59 20 Steel Authority of India Ltd. (SAIL) 17.33 21 Novolipetsk Steel (NLMK) 17.29 22 IMIDRO (5) (e) 16.70 23 Baotou Steel 16.45 24 United States Steel Corporation (6) 16.30 25 Cleveland-Cliffs (7) (e) 16.30 26 China Steel Corporation 15.95 27 Jingye Group 15.38 28 Techint Group 14.91 29 Sinogiant Group 14.34 30 Gerdau S.A. 14.20 31 CITIC Pacific 13.97 32 Magnitogorsk Iron & Steel Works (MMK) 13.59 33 Rizhao Steel 13.57 34 EVRAZ 13.57 35 Zenith Steel 12.76 36 Shaanxi Steel 12.39 37 Tsingshan Holding 12.37 38 Shenglong Metallurgical 12.16 39 thyssenkrupp (e) 12.00 40 Severstal 11.65 41 Nanjing Steel 11.58 42 Metinvest Holding LLC 11.48 43 Sanming Steel 11.40 44 Donghai Special Steel 10.42 45 Xinyu Steel 10.14 46 Steel Dynamics, Inc. 9.84 47 Anyang Steel 9.50 48 Erdemir Group 9.02 49 Jiuquan Steel 8.75 50 SSAB 8.18

    DisAgree [5] Agree [16] Reply Report Abuse

  • Movin Lewis, Brahmavara / Bahrain

    Sun, Dec 04 2022

    As a guy who is working in the Iron and Steel sector, it is so shameful to see the CM of our state make such a ridiculous claim! To achieve those numbers, I can bet that this is not possible and wont be possible in the next 50 years as well. I wonder how can people come up with such claims just to fool their audience and vote bank.

    DisAgree [2] Agree [18] Reply Report Abuse

  • Sarvanabhavaan, Murukaveri

    Sat, Dec 03 2022

    So we will get our promised 15 Lacs in 2014 or get-ooooooooooooooooooh what?

    DisAgree [6] Agree [27] Reply Report Abuse

  • Venkatesh, Bangalore

    Sat, Dec 03 2022

    BHRASHTACHAR JUMLA PARTY

    DisAgree [3] Agree [32] Reply Report Abuse

  • Manohar, Mangalore

    Sat, Dec 03 2022

    No doubt. But by that time bjp will not be there in power!!

    DisAgree [5] Agree [38] Reply Report Abuse

  • Rolf, Dubai

    Sat, Dec 03 2022

    56 bridges in dilapidated state in Karnataka, Govt has no funds for repairs

    DisAgree [4] Agree [44] Reply Report Abuse

  • Jean, mangalore

    Sat, Dec 03 2022

    I think he is calling back Reddy Brothers to loot the mines...

    DisAgree [4] Agree [41] Reply Report Abuse

  • Janette, Mangalore

    Sun, Dec 04 2022

    I was exactly thinking of same statement and u did it - well, ballary will be destroyed once again by reddies n chances of 60% progress in commission.

    DisAgree [2] Agree [7] Reply Report Abuse

  • Rolwin Dsouza, Mangalore

    Sat, Dec 03 2022

    Fake and never

    DisAgree [4] Agree [29] Reply Report Abuse

  • Kulakarni, Mumbai

    Sat, Dec 03 2022

    In 2019 our PM has promised that the Mumbai-Ahmedabad bullet train will be completed by 2022... 'Yatha Guru Tatha Shishya' (:

    DisAgree [4] Agree [32] Reply Report Abuse

  • Manoj, Mangalore

    Sat, Dec 03 2022

    After 4 - 5 years.... That means after election...!!!

    DisAgree [4] Agree [25] Reply Report Abuse

  • Rakesh, Mangalore

    Sat, Dec 03 2022

    Yes thats true ..congress will come poer all prolems will solve

    DisAgree [2] Agree [17] Reply Report Abuse

  • Jossy Tauro, Mangalore

    Sat, Dec 03 2022

    As per Fekus. Everything in India becomes No. 1.Golden roads. Bullet train. Smart city. Make in India. digital India. But stilll our dreams not come true.

    DisAgree [3] Agree [24] Reply Report Abuse

  • Jossey saldanha, Raheja Waterfront

    Sat, Dec 03 2022

    Stop your Fekugiri ...

    DisAgree [4] Agree [29] Reply Report Abuse

  • Rajesh, Mulki

    Sun, Dec 04 2022

    We must vote this party to be number 1 in the world.

    DisAgree [3] Agree [7] Reply Report Abuse


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Title: Karnataka will become world’s No 1 steel producer in next 4-5 years: CM



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