Monday, 27 August 2012

PM speech at presentation ceremony of PM's Trophy to Best Performing Steel Plant

Prime Minister Dr. Manmohan Singh gave away Prime Minister's Trophy for the best integrated Steel Plant in India to Bhilai Steel Plant, SAIL for 2009-10 and TATA steel Limited for 2008-09 at a function in New Delhi. He says: " I am very happy to be present once again in today's function to felicitate the best performing integrated steel plants during the years 2008-09 & 2009-10. The per capita consumption of steel is an important indicator of economic development of country. In 2004-05 our per capita consumption of steel was only 34 kg, which has grown to 59 kg in 2011-12. India has now emerged as the 4th largest steel producer in the world with 74 million tonne in 2011-12. 


Despite such impressive progress, our per capita steel production still lags substantially behind the global average of 215 kg. There are also important quality related issues in respect of several critical steel products and solid in our country. The Iron & steel industry is heavily dependent on natural resources as well as energy. It is also characterized by high environmental pollution and high emission of Green House Gases. We must collectively find effective ways and means to improve energy efficiency and limit environmental pollution in the steel industry even as we increase our steel production. Our government has launched the Performance, Achieve and Trade Scheme (PAT) under the National Mission for Enhanced Energy Efficiency. 

Let me end by once again congratulating TATA steel and Bhilai Steel Plant who have won trophies today. I wish the steel industry and all those associated with it the very best in the years to come."