Mission Purvodaya: India-Japan join hands to make Odisha a Steel Hub

On February 28, 2020, the Union Minister of Steel announced at a workshop organized by Confederation of Indian Industries (CII) that GoI is to make Odisha the steel hub of India. This is to be achieved by the Government with the help of Japan.

Highlights

Odisha has been selected to establish steel hub due to its strategic location, availability of raw materials and strong connectivity. The city of Kalinga Nagar is to be developed as the epicenter of Mission Purvodaya. With implementation of the mission, more than 75% of steel is to come from eastern India with Odisha alone contributing more than 100 metric tonnes per annum.

Mission Purvodaya

The mission was launched in January 2020. It aims to develop Eastern India as an integrated steel hub. Under the mission, the GoI aims to generate employment opportunities and also increase growth of steel sector.

This will also help achieve the target of National Steel Policy, which is producing 300 MT of steel by 2030.

Month: Current Affairs - February, 2020