1st Ever Secondary Steel Sector Awards For Contribution To National Economy

Ministry of Steel gave away Secondary Steel sector awards, for the first time, to 26 mini steel companies in recognition of their contribution to the national economy. The awards were given by Union Minister of Steel, Chaudhary Birender Singh, at a function in New Delhi. Twelve companies were awarded Gold Certificates and 14 Silver Certificates for their performance during 2016-17. 
Source- Press Information Bureau (PIB)

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • India is the 3rd largest steel producer in the world. 
  • Steel contributes to over 2% to India’s GDP and creates a virtuous cycle of employment generation throughout the economy. 
  • Chaudhary Birender Singh is the Present Steel Minister of India.