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NCOA urges PM to merge SAIL, RINL, and NMDC Steel.
Demands declaring the steel sector as a ‘strategic sector’.
Warns privatization could harm national self-reliance.
The National Confederation of Officers’ Associations (NCOA) has officially written to Prime Minister Narendra Modi, urging the government to declare India’s steel sector as a 'strategic sector' and to facilitate the merger of major public sector steel companies.
In its appeal, the NCOA emphasized the crucial role steel plays in national infrastructure, defense, and industrial development. It proposed that merging public sector units like SAIL, RINL, and NMDC Steel would enhance operational efficiency and ensure India maintains strategic control over a core sector vital to the country's security and economy.
The association raised concerns about ongoing privatization, particularly at RINL (Visakhapatnam Steel Plant), warning that divestment could weaken the nation’s self-reliance in key materials. NCOA also highlighted how other global powers like China, South Korea, and Japan exercise tight strategic control over their steel industries to safeguard national interests.
The plea comes at a time when India’s steel sector is poised for exponential growth, and industry experts believe a consolidated, strategically managed public sector could strengthen India’s position in the global steel market.
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