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Hit for Make in India: Rlys may look abroad as steel crunch slows progress

In 2018-19, SAIL is expected to supply 1.3 million tonnes, falling short of 1.5 million tonnes sought by the railways, the letter showed

Reuters  |  New Delhi 

India's steel and rail ministries are at loggerheads over the state-run network's proposal to buy much-needed rails from overseas, a move that would undermine Prime Minister Narendra Modi's drive to build key infrastructure in India. The Ministry of Railways, which manages the world's fourth-largest rail network, has grappled with a spate of accidents. Modi's government wants to overhaul the country's ageing tracks, but shortages of steel produced by state-run Steel Authority of India Ltd (SAIL) have slowed progress. The clash highlights the dilemma the ...

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First Published: Mon, November 06 2017. 18:34 IST