Advancing Sustainability: Ministry of Steel Initiatives for Environmental Innovation
Key Ideas
  • Steel companies in India are embracing Best Available Technologies (BAT) globally for modernization and environmental sustainability.
  • Initiatives like the National Green Hydrogen Mission and Steel Scrap Recycling Policy are promoting green practices in the steel sector.
  • Government policies and schemes focus on reducing carbon emissions, increasing renewable energy usage, and enhancing mineral supply for the industry's growth.
  • Research and development efforts are being supported financially, emphasizing waste utilization, energy efficiency, and product quality improvement in the steel sector.
The Ministry of Steel in India is actively promoting environmental sustainability and technological advancement in the steel industry. Steel companies are adopting Best Available Technologies (BAT) globally to modernize while ensuring environmental sustainability. Initiatives like the National Green Hydrogen Mission and the Steel Scrap Recycling Policy are playing a crucial role in reducing carbon emissions and promoting green practices in steel manufacturing. The government has introduced policies like the Motor Vehicles Rules and the National Solar Mission to further enhance sustainability and reduce emissions in the industry. Additionally, schemes like the R&D Scheme and the Perform, Achieve and Trade (PAT) scheme incentivize energy efficiency and research in the steel sector. The Ministry is also focused on increasing mineral supply through reforms in mining policies to support the industry's growth. Financial assistance is provided for research and development projects addressing key issues such as waste utilization, energy consumption reduction, and product quality improvement. Overall, the Ministry's efforts aim to drive the steel industry towards a more sustainable and environmentally friendly future.
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