2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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2020-25
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2017-30
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2017-20
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2030-31
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Detailed explanation-1: -The policy projects crude steel capacity of 300 million tonnes (MT), production of 255 MT and a robust finished steel per capita consumption of 158 Kgs by 2030-31, as against the current consumption of 61 Kgs.
Detailed explanation-2: -The National Steel Policy, 2017 aspires to achieve 300 MT of steelmaking capacity by 2030.
Detailed explanation-3: -The contribution of steel to India’s economy is around 2%.
Detailed explanation-4: -From the above diagram it is clear that both import and export are on fluctuating trend. In 1992-93 export growth of steel recorded a spectacular increase with 105.4 percent over the previous year (1991-92) but significantly decreased in 1993-94 and attained a value of 40.2 percent.