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Question

Which of the following is/are the limitations of Iron and Steel industry in India?


Correct Answer
A
High costs and limited availability of coking coal.
Your Answer
B
Regular supply of energy.
Your Answer
C
Foreign direct investment policies of the government.
Correct Answer
D
Lower productivity of labour and poor infrastructure.

Solution

The correct options are
A High costs and limited availability of coking coal.
D Lower productivity of labour and poor infrastructure.
High costs, limited availability of coking coal and irregular supply of energy has been a continuing challenge for the industry. Lower productivity of labour and poor infrastructure also remain a hindrance in many cases. Private entrepreneurs have made use of the liberalisation and foreign direct investment policies of the government. These policies have given a boost to steel production.

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