Employment Opportunities in Steel Sector

Massive modernisation and expansion plans have already been launched in Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) for increasing the steel making capacity from 12.4 million tonne to 20.2 million tonne and from 3.0 million tonne to 6.3 million tonne per annum respectively.  These plans envisage several new facilities involving latest technology resulting in demand of additional technical and skilled manpower.  The plant-wise details are as under:-

A.    Break-up of direct recruitment undertaken in SAIL

Plant	2009-10	2010-11	2011-12	2012-13 (upto Nov.’12)
Bhilai Steel Plant	937	154	72	256
Durgapur Steel Plant	39	164	267	58
Rourkela Steel Plant	49	95	200	494
Bokaro Steel Plant	213	237	346	698
IISCO Steel Plant	365	479	1078	295
Alloy Steel Plant	8	143	2	21
Salem Steel Plant	4	84	123	13
Visvesvaraya Iron & Steel Plant	7	30	57	53
Other Units	166	189	28	118

B.    Direct employment generated in RINL

Plant	2009	2010	2011	2012 (upto 07.12.2012)
Visakhapatnam Steel Plant	492	662	497	405

Steel is a deregulated sector.  However, Government acts as a facilitator and encourages investment in steel sector.  For encouraging value addition and growth of steel sector, Government has increased export duty on iron ore from 20% to 30%.  Similarly, export duty on chrome ore has been raised from Rs.3000/t to 30% ad valorem and import duty on flat steel has been increased from 5% to 7.5%. Besides modernisation and expansion of existing plants of SAIL and RINL, NMDC Limited is setting up a 3 mtpa green field Integrated Steel Plant at Nagarnar, District- Bastar, Chhattisgarh State.  All such measures would lead to generation of employment in the sector.

Source: PIB