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Industry body IPMA seeks govt intervention to regulate rising steel prices

Industry body Indian Pipe Manufacturers Association (IPMA) has sought government intervention to regulate the prices of steel, which are trading at an all-time high in India.
In a letter to Union Steel Minister Dharmendra Pradhan, the body has also sought a temporary ban on its export, a move which will prevent steel players from diverting their produce to the international markets.
Pipe manufacturers and MSMEs are struggling for a long time due to increased prices and shortage of steel in the domestic market. We had approached your (Steel Minister) office, requesting your kind intervention for regulating prices and imposing a temporary ban on steel export, the letter dated May 20, 2021 said. ....

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Manufacturers' body IPMA seeks govt intervention to regulate rising steel prices

Manufacturers body IPMA seeks govt intervention to regulate rising steel prices
In a letter to Union Steel Minister Dharmendra Pradhan, the body has also sought a temporary ban on its export, a move that will prevent steel players from diverting their produce to international markets
PTI | May 23, 2021 | Updated 13:40 IST
The Indian steel players shot up prices of Hot Rolled Coil (HRC) by Rs 4,000 to Rs 67,000 per tonne
Industry body Indian Pipe Manufacturers Association (IPMA) has sought government intervention to regulate the prices of steel, which are trading at an all-time high in India.
In a letter to Union Steel Minister Dharmendra Pradhan, the body has also sought a temporary ban on its export, a move which will prevent steel players from diverting their produce to the international markets. ....

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Ease of doing biz: Deadlines set to reduce 6,000 compliances

March 09, 2021
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The government has set two deadlines to reduce more than 6,000 compliances in order to make the investment environment more attractive.
Secretary in the Department for Promotion of Industry and Internal Trade Guruprasad Mohapatra said the first deadline is March 31, 2021 while the second one is August 15, 2022. “Initially those processes are being undertaken, which does not require legislative action,” he told reporters here on Tuesday after releasing two reforms booklet.
On March 5, Prime Minister Narendra Modi had talked about Government’s commitment for more solutions. “Our emphasis is on self-regulation, self-attesting, self-certification, that is, to move forward by relying on the citizens of the country. We plan to reduce more than 6,000 central and state level compliances this year,” he had said. ....

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