ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Steel Programme Wobbles

Steel Programme Wobbles

Even while the Third Plan programme of steel expansion has yet to be completed, the programme for the Fourth Plan seems to have become the subject of controversy and indecision. The Third Plan envisaged a rise in steel capacity from 6 million tonnes ingots to 9 million tonnes, all of it in the public sector— from 1 to 1.8 million tonnes ai Rearkela, 1 to 1.6 million tonnes at Durgapur and 1 to 2.5 million tonnes at Bhilai, The Bokaro project, of course, had become persona non combatant in the process of the protracted and finally infructuous negotiations for U S Aid.

Even while the Third Plan programme of steel expansion has yet to be completed, the programme for the Fourth Plan seems to have become the subject of controversy and indecision. The Third Plan envisaged a rise in steel capacity from 6 million tonnes ingots to 9 million tonnes, all of it in the public sector— from 1 to 1.8 million tonnes ai Rearkela, 1 to 1.6 million tonnes at Durgapur and 1 to 2.5 million tonnes at Bhilai, The Bokaro project, of course, had become persona non combatant in the process of the protracted and finally infructuous negotiations for U S Aid.

The expansion of steel capacity envisaged in the Third Plan was abcut the same as in the Second Plan, though in relative terms and considering the fact that all the additional capacity was to come from expansion of existing plants the task was a loss difficult one.

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