Latest current affairs · 9 Nov
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Green Steel

1 min read
RBI ESINABARD ESISEBI
In one line

Context:

The finance ministry has rejected the steel ministry’s plan for a central public entity that would buy green steel in bulk.

Context:

  • About Green Steel
    • Green steel is steel made using an environment-friendly process that emits less carbon.
  • Current Status
    • The steel ministry suggested having an agency like EESL, the joint venture of four public sector utilities under the ministry of power.
    • A task force has been constituted by the ministry to decide what “green steel” means.
  • Steel ministry aims to develop a green steel demand base in India through the GPP policy framework of the steel industry.
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