Archive · 17 Sep 2025
India Announces ₹5,000 Crore Clean Steel Scheme
The Indian government is starting a big plan to help steel companies make steel in a cleaner way.
They are putting up ₹5,000 crore to encourage new technologies that will reduce pollution from steel factories.
The goal is to help India reach its climate change goals.
Steel is a major polluter, so making it cleaner is an important step.
The scheme will give money to companies that reduce their carbon emissions.
The plan should be running soon.
The government is launching a ₹5,000 crore scheme for sustainable steel.
The scheme aims to promote clean steel-making technologies to reduce carbon emissions.
Steel Secretary Sandeep Poundrik announced the National Mission for Sustainable Steel.
75-80% of the fund will go to secondary steel players.
The scheme is part of India's effort to meet its net-zero emissions targets.
- Who
- Steel Secretary Sandeep Poundrik
- What
- ₹5,000 crore scheme to boost clean steel technologies and cut emissions
- When
- Announced recently, expected to become operational in the next few months
- Where
- India
- Why
- To promote lower carbon emissions and contribute to India's net-zero goals.
- Scheme
- National Mission for Sustainable Steel
- Funding
- ₹5,000 crore
- Focus
- Clean steel-making technologies & emission reduction
- Official
- Steel Secretary Sandeep Poundrik
- Operational Timeline
- In the next few months
- Primary Target
- Secondary steel players (75-80% funding)
