Iron-Ore Policy 2021

On 16th January, 2021, the Ministry of Railways issued Iron-ore policy 2021 that will govern the allocation of rakes (train) and transportation of iron-ore across the country.

  • It aims to provide complete logistics support to iron and steel industry to meet the competitive challenges domestically and globally.

Need

  • The production of steel is critically dependent on transportation of iron and other raw materials.
  • A seamless and simplified process of transportation of iron-ore is a basic need.

Key Highlights

  • This new policy has been named as Iron-ore Policy 2021 and shall come into effect from February 10, 2021.
  • The provisions ....
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