Five Industry Groups Urge Strong Demand Mandate and Fiscal Support for Green Steel Procurement Ahead of Union Budget
GREEN STEEL
Ahead of the Union Budget, five industry groups have called for a strong demand mandate and targeted fiscal support for low-carbon steel procurement in India's public infrastructure projects. They emphasize that Green Public Procurement should drive market creation and urge the Ministry of Finance to implement incentives and budget provisions to foster demand for green steel, thereby reducing reliance on long-term subsidies. The organizations stress the importance of aligning fiscal policy with sustainable steel initiatives as the government advances its green steel agenda.

Jan 24, 2026, 6:24 AM