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Sajjan Jindal, Chairman, JSW Steel , said from the industry’s perspective we welcome the announcement of a review of freight tariff policy to evolve a competitive freight structure and increase the share of railways vis-à-vis other modes. This will help in bringing down overall logistics cost for the industry and improve our competitivenessIt is heartening to see that the Railway Minister has earmarked ₹1.21 lakh crore towards capital investments, a growth of 10 per cent y-o-y. This will provide the much-needed impetus to kick-start the investment cycle in the country. Plans for commissioning 2,800 km of BG conversion and 2,000 km of railway electrification, port connectivity, suburban railway projects, , and so on, augur well for giving a fillip to the steel demand in the country.
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