New Delhi: Peeved at the appointment of “activists” in the forest panel for clearing Rs 54,000 crore steel project of Posco, Steel Minister Virbhadra Singh advised Environment Minister Jairam Ramesh to be “pragmatic". “The approach has to be pragmatic and not dogmatic. When there is an issue of development some sort of compromises have to be made,” said Singh, when asked as to what his advice would be for Jairam...
There are investment proposals of Rs 11 lakh crore in the steel sector. ...
The Steel sector has been particularly hit by production cuts and price reductions. ...