The mission was launched in January 2020. It aims to develop Eastern India as an integrated steel hub. Under the mission, the Goal aims to generate employment opportunities and also increase growth of steel sector.
This will also help achieve the target of National Steel Policy, which is producing 300 MT of steel by 2030.
Odisha has been selected to establish steel hub due to its strategic location, availability of raw materials and strong connectivity.
2. WHY IN NEWS???
On February 28, 2020, the Union Minister of
Steel announced at a workshop organized
by Confederation of Indian Industries (CII)
that Goal is to make Odisha the steel hub of
India. This is to be achieved by the
Government with the help of Japan.
A workshop on “Enabling Procedures for
Increase of Steel Usage for the Growth of
Economy” was organised by the Ministry of
Steel in partnership with the Government of
Japan and Confederation of Indian
Industries (CII).
3. IRON AND STEEL INDUSTRY IN
INDIA:
The iron and steel industry is the basic
industry since all the other industries — heavy,
medium and light, depend on it for their
machinery.
Iron and steel is a heavy industry because all
the raw materials as well as finished goods are
heavy and bulky entailing heavy transportation
costs.
India is currently the 2nd largest producer of
crude steel in the world.
Production and consumption of steel is often
regarded as the index of a country’s
4. MISSION PURVODAYA
The mission was launched in January 2020. It
aims to develop Eastern India as an integrated
steel hub. Under the mission, the Goal aims to
generate employment opportunities and also
increase growth of steel sector.
This will also help achieve the target of National
Steel Policy, which is producing 300 MT of steel by
2030.
Odisha has been selected to establish steel hub
due to its strategic location, availability of raw
materials and strong connectivity.
5. Cont…
The objective of this hub would be to enable
swift capacity addition and improve overall
competitiveness of steel producers both in
terms of cost and quality.
The focus will be on eastern states of India
(Odisha, Jharkhand, Chhattisgarh, West
Bengal) and northern part of Andhra Pradesh
which collectively hold ~80% of the country’s
iron ore, ~100% of coking coal and significant
portion of chromite, bauxite and
dolomite reserves.
Odisha is the highest steel producing state
in the country. The ores of Odisha are rich in
haematites.
6. Cont…
The city of Kalinga Nagar is to be developed as the
epicenter of Mission Purvodaya. With
implementation of the mission, more than 75% of
steel is to come from eastern India with Odisha
alone contributing more than 100 metric tonnes per
annum.
The Integrated Steel Hub would focus on 3 key
elements:
1. Capacity addition through easing the setup of Greenfield
steel plants.
2. Development of steel clusters near integrated steel plants
as well as demand centres.
3. Transformation of logistics and utilities infrastructure which
7. GROWTH OF STEEL INDUSTRY
WOULD LEAD TO :
Employment opportunities across
the entire value chain.
Socio-economic growth of Eastern
India.
Reduced disparity between the
East and other regions of the
country.