On April 18, Supreme Court allowed category A and B mines in Karnataka to re-start mining operations.
Mr. Seshagiri Rao, Joint MD, JSW Steel & Group CFO shared his views with SteelMint and remarked that the decision will bring out a positive result towards the Nation's economy and steel sector as well.
He mentioned that the rise in economy will allow raw material linkages for further spending in Karnataka's steel sector due to opening up of mines.
Mr. Rao added about the opportunities of both direct as well as indirect employment that has come in at a point of time when the limited supply of the most important raw material was causing closure of the industry.
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