Saturday, February 15, 2020

National Steel Policy: Without funds, the steel vision could rust

Realising the National Steel Policy's vision of doubling the domestic steel capacity by FY2025 requires $108 billion in debt and $54 bn in equity. Given the metals sector’s weak credit history in the recent past, rebuilding the banks’ confidence in lending to the steel sector would take time.

from The Financial ExpressThe Financial Express https://ift.tt/3bOftxo
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