Ministry of Steel to organise webinar on fostering steel usage in rural, agriculture sector

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The meeting will also deliberate on challenges faced in procuring steel products and capabilities of Indian iron and steel industry

The Ministry of Steel in association with Confederation of Indian Industry (CII) is organising a webinar on ‘Aatmanirbhar Bharat: Fostering Steel Usage in Rural Economy, Agriculture, Rural Development, Dairying and Food Processing’ on October 20.

Union Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan, Union Minister of Rural Development, Agriculture and Farmers Welfare Narendra Singh Tomar will participate in the meet.

The objective of the webinar is to identify present and future requirements of steel and steel products in rural development sector and increase awareness on usage and benefits of using steel goods such as: steel intensive structures in community/common facility area, water storage facilities, grain storage silos, common grain storage facilities and household water storage drums etc.

The webinar will also deliberate on challenges faced in procuring steel products and capabilities of Indian iron and steel industry in meeting the present demand, future expansion plans, manufacturing and R&D capabilities for developing new products.

The webinar will also feature Secretaries’ Panel and States’ Panel consisting of Secretaries from key Rural Development Ministries from the Centre and States apart from presentations by key rural development agencies.

Steel will play a pivotal role in India’s ascent to a $5 trillion economy due to its critical role in growth driving sectors such as construction, infrastructure, manufacturing, railways, oil and gas, defence and rural and agriculture etc. 

However, despite being the world’s second largest producer of steel, India’s annual per capita steel consumption is 74.1 kg and is one-third the global average (224.5kg).

Steel use in the rural areas has been much lower compared to the use of steel in urban areas. The rural per capita steel consumption in the country has been around 19.1 kg in the year 2019 against the all India average of 74.1 kg.

It is estimated that that around 54 percent of rural steel consumption goes for House construction, 10 percent for Community construction, 20 percent for Professional usages (primarily agricultural implements), furniture, vehicles and household items (balance 16 percent).

Image credit: Business Standard

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