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Launch of SIMS 2.0: A New Era in Steel Import Monitoring

Launch of SIMS 2.0: A New Era in Steel Import Monitoring
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Launch of SIMS 2.0: A New Era in Steel Import Monitoring

CategoryDetails
EventLaunch of SIMS 2.0 (Steel Import Monitoring System 2.0)
Launched ByShri H.D. Kumaraswamy, Union Minister of Steel and Heavy Industries
AttendeesShri Bhupathiraju Srinivasa Varma (MoS), Shri Nagendra Nath Sinha (Secretary), Senior Officials
ObjectiveMonitor steel imports, promote domestic steel industry growth
Original SIMS Launch2019
Key FeaturesAPI integration, robust data entry, risk management, transparency
CollaboratorsDGFT, BIS, MSTC Ltd.
Government AgendaPart of Government of India's 100-day agenda
India's Steel PositionSecond-largest steel producer globally
Steel Imports (2023-24)Approximately 8 million tonnes
Book ReleasedSecond volume of "Safety Guidelines for Iron & Steel Sector"
Guidelines NatureVoluntary, generated through consultation process

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