HD Kumaraswamy

April 22, 2025 12:48 PM

HD Kumaraswamy welcomes 12% safeguard duty on imported steel flat products

Union Minister for Heavy Industries and Steel, H. D. Kumaraswamy, has welcomed the Finance Ministry’s decision to impose a 12% safeguard duty on imported non-alloy and alloy steel flat products, calling it a move that will bolster the domestic industry and ensure fair competition. Taking to social media platform X (formerly Twitter), the Minister stated, “I welcome the 12% safeguard duty on imported steel flat products. This will protect Indian manufacturers, ensure fair competition, and bo...

January 7, 2025 1:49 PM

Govt. launches PLI scheme 1.1 for specialty steel

Union Minister of Steel and Heavy Industries, H. D. Kumaraswamy, launched the second round of the Production Linked Incentive (PLI) scheme for specialty steel, termed PLI Scheme 1.1, on Monday in the presence of senior ministry officials and industry leaders at Vigyan Bhawan. The new scheme aims to boost domestic production and reduce dependence on imports. Addressing the gathering, Kumaraswamy stated that PLI Scheme 1.1 covers five product categories, similar to the original scheme, and has b...

October 29, 2024 9:51 PM

PM Modi’s focus on skill-based job creation; Rs 3 lakh crore allocated in budget: Union Minister Kumaraswamy

The central government, under the leadership of Prime Minister Narendra Modi, has allocated over Rs 3 lakh crore in the recent budget specifically aimed at skill-based job creation. Union Minister for Heavy Industries and Steel, HD Kumaraswamy, announced this initiative on Tuesday. During the second phase of the Prime Minister's Rozgar Mela, appointment letters were distributed to 51,000 selected candidates across various central government departments at 40 locations nationwide. The event was ...