Govt ready to draft policy for steel manufacturers: Modi

Gujarat Chief Minister Narendra Modi on Saturday said his government was ready to draft a separate policy for stainless steel manufacturers.

Ahmedabad: Gujarat Chief Minister
Narendra Modi on Saturday said his government was ready to draft a
separate policy for stainless steel manufacturers provided
they were willing to foray into gymnasium equipment
manufacturing and start producing toys for kids as part of
their Corporate Social Responsibility (CSR).

Modi was speaking at the inaugural ceremony of India`s
first four-day long stainless steel fair Indinox-2010 that
commenced here today.

"Health care industry is developing at a very fast
pace and youths are getting more health conscious leading to
opening of gymnasiums, so if gyms exist today at say 1000
locations in another 2 to 3 years it could open at 10,000
places," Modi said.

The CM suggested that stainless steel manufacturers
as part of their CSR could start manufacturing polished toys
for the children so that they get ample opportunity to play
in public parks, especially children parks, schools or
Anganwadi centres.

"If anyone from the stainless steel sector is willing
to enter these two segments (gymnasium and toys) then we
could draft a separate policy for it and also give them
incentives if required," Modi said.

PTI

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