Mysterious story of exemption to steel industries in Chhattisgarh

When governments give any concession, discount or subsidy to any industry, their main objective is to increase production and the ultimate benefit is that the goods are available to the general public at cheaper rates, but in Chhattisgarh, the opposite has happened in the last 4 years. If we look at the data of the last 5 years, a very contradictory picture is seen in this matter. Steel producers increased production but instead of decreasing, the prices kept increasing. In the year 2018-19, where 100 million tonnes were produced in the whole country and the rate was Rs 33,833 per tonne, which increased to Rs 53,036 per tonne in the year 2022-23.

chhattisgarh news This interesting story is especially relevant in the context of Chhattisgarh because the then state government has played a key role in increasing the profit margin in the account of steel industrialists. The state of Chhattisgarh is famous for the fact that 30 percent of the total steel production of the country takes place in Chhattisgarh itself. Chhattisgarh has the highest quality iron ore mines in the country. The general public expects that the benefits of our mines, air, water and government aid should be given to the public in the form of cheap iron. But as soon as the irregularities of the previous state government come to light, people are getting surprised and upset. Chhattisgarh’s share in the steel production figures in the country can be estimated at 30 percent. In the year 2017-18, 100 million tonnes were produced in India while the average annual rate was Rs. 33,833 per tonne. In the year 2019-20, 104 million tonnes were produced while the average annual rate was Rs. 34,198 per tonne. In the year 2020-21, 112 million tonnes were produced while the average annual rate was Rs. 45,072 per tonne. In the year 2021-22, 118 million tonnes were produced while the average annual rate was Rs. 51,089 per tonne. In the year 2022-23, 125 million tonnes were produced while the average annual rate was Rs. 53,036. per tonne. In the year 2023-24, 142 million tonnes were produced while the average annual rate was Rs 50,109 per tonne. Chhattisgarh