Indian Metals Minister Dharmendra Pradhan on Tuesday asked industry stakeholders to prepare a plan to increase investment that will boost steel consumption and create jobs in the country.
The Minister proposed to Industry to prepare a plan so that the state and the private sector can increase their spending, saying that this will be very useful for creating more jobs.
According to Pradhan, an increase in investment project spending will also lead to an increase in steel use.
He said that the Indian government has already announced several infrastructure projects in various sectors, including rail, road, aviation, gas pipeline and residential construction, where steel can find its use.
The minister said the industry should take steps to provide housing to migrant workers at lower prices and offer higher wages. He urged steel leaders to work with the government to provide affordable housing for migrant workers.
According to Pradhan, state governments could also allocate some of the land to build low-cost, steel-intensive homes for the poor, and this would also increase steel consumption in the country.