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GOVERNMENT OF INDIA
MINISTRY OF STEEL
RAJYA SABHA
UNSTARRED QUESTION NO. 946
FOR ANSWER ON 06.02.2026
PRODUCTION LINKED INCENTIVE SCHEME FOR SPECIALTY STEEL
946. SHRI DEEPAK PRAKASH:
Will the Minister of STEEL be pleased to state:
(a) whether domestic production of specialty steel has increased after the launch of the
Production Linked Incentive (PLI) Scheme for Specialty Steel, if so, the year-wise details
thereof along with the production level;
(b) whether any funds have been disbursed under the Scheme, along with the amount
disbursed to beneficiary units up to December 2025;
(c) the per ton cost of steel produced by private sector units and by Public Sector
Undertakings (PSUs), respectively; and
(d) whether Government has reviewed the utilisation efficiency and compliance status of
PLI beneficiaries, if so, details of the findings of such review and the corrective measures
adopted?
ANSWER
THE MINISTER OF STATE IN THE (SHRI BHUPATHIRAJU SRINIVASA VARMA)
MINISTRY OF STEEL
(a)to(d): Production-Linked Incentive (PLI) Scheme for Specialty Steel was approved
by the Union Cabinet to promote the manufacturing of "Specialty Steel" within the
country by attracting capital investment, generate employment and promote technology
up-gradation in the steel sector. A total of 2487 (‘000t) of specialty steel has been
produced domestically under Production Linked Incentive (PLI) Scheme till December,
2025. Incentive amount of ₹ 235.73 crores have been disbursed to the companies so
far. The Ministry of Steel regularly reviews the performance of participating companies
with respect to committed investment, production, sales and other scheme-specific
parameters. Based on these reviews, it has been observed that a majority of
beneficiaries are progressing as per approved milestones and in some cases delays
have occurred due to factors such as market conditions, supply-chain constraints and
project-specific issues.
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