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HomeEconomyIndia steel minister says no decision on KIOCL, NMDC merger

India steel minister says no decision on KIOCL, NMDC merger

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NEW DELHI (Reuters) – India has not taken any decision to merge KIOCL and NMDC, junior Steel Minister Bhupathiraju Srinivasa Varma said in a written response in parliament on Tuesday.

The steel ministry had proposed a merger of the miners in January, but the divestment department informed that “there is no such decision” at present, Varma said.

(Reporting by Hritam Mukherjee in New Delhi; Editing by Muralikumar Anantharaman)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

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