National
Dumping transient challenge, improve competitiveness, Jaitley tells steel makers
New Delhi: Union Finance Minister Arun Jaitley on Saturday termed the large scale dumping of steel and the uncertain global markets as transient challenges and urged the secondary steel makers to look at the root cause and improve their competitiveness.
Speaking at the conference on “Roadmap to 300 Million Tonnes: Opportunities & Challenges for Secondary Steel Producers” organised by the steel ministry here, he outlined the challenges faced by Indian steelmakers owing to large scale dumping and uncertainty in the global market and urged them to overcome such “transient challenges” by strengthening their own competitiveness.
“Where economies exist on strong and solid foundation, it is not very challenging to withstand transient changes,” he said.
Referring to the cascading effect of stress in the steel sector that affects the performance of banks and the availability of funds for other sectors, Jaitley said the steel makers should improve their competitiveness and should not resort to “band-aid” measures.
Jaitley said it is no rocket science to predict the growth of steel sector.
Union Steel and Mines Minister Narendra Singh Tomar said the vision of increasing steel production from the current 110 million tonnes to 300 million tonnes cannot be realised without the active participation of the steel manufacturers.
As much as 55 percent of India’s steel production is accounted by the secondary steel makers but the sector is fraught with challenges in quality, environmental conformance, old technology, operational efficiency and under presence in flat steel segment.
Steel production has doubled in last ten years – from 43.44 million tonnes in 2004-05 to 88.12 million tonnes in 2014-15.
India is the third-largest steel producer in the world and envisions being the second largest producer soon.
The country is looking forward to triple its production capacity from 110 million tonnes presently to about 300 million tonnes in the next 10 years.
National
Foodman Vishal Singh Honored for Hunger Free World Mission in Bangkok
Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.