The Indian government is preparing a Rs 5,000 crore scheme called the National Strategy for Sustainable Secondary Steel to push clean technologies in steelmaking. The goal is to lower carbon emissions from one of the country's heaviest polluting industries. The scheme is expected to launch within three months and will cover all steelmakers, with most funds going to secondary producers. Steel is a major source of industrial carbon emissions in India, and the country has committed to net zero under the Paris Agreement. The scheme aims to support adoption of alternative materials and cleaner processes. Details on specific technologies or how funds will be distributed are not yet public, but the announcement signals a concrete policy push toward decarbonizing hard-to-abate sectors.
