The panel is being chaired by Steel Secretary and has CMDs of SAIL and RINL as its members, a source privy to the development said.
Boston Consulting Group (BCG), which is a leading global management consultancy, is also part of the panel, besides outside experts, the source added.
"The panel has been entrusted with the task to suggest ways for expediting the ramping up of modernisation of both the PSUs (SAIL and RINL) as a lot of money has been spent on modernisation," the source said.
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