Jindal Steel and Power Limited (JSPL) chairman Naveen Jindal has welcomed the economic reform measures announced by Union Finance Minister Nirmala Sitharaman and MoS Finance Anurag Thakur.
Jindal appreciating the Union Government’s focus to build a self-reliant India said, “These well thought out reforms reflect that Government is well abreast of the ground realities. These measures will help steer our economy out of the present situation caused by pandemic Covid19,"
Appreciating the Finance Minister's announcement that Coal Gasification Process (CGP) would be incentivised through rebate in revenue share, Jindal said that the CGP process would definitely help steel makers in producing steel using indigenous coal truly leading towards AtmaNirbhar Bharat
"India has third largest reserves of coal in the world. Its gasification can help our country overcome the perennial shortage of oil, gas, methanol, ammonia and urea," he added.