New Delhi, Nov 20 (IANS) The government on Thursday announced new measures to ease rules for import of steel grades not covered under Quality Control Orders (QCOs), apart from approving extension of certain exemptions after reviewing the concerns submitted by industry participants.

In order to streamline the regulatory framework governing steel imports and to facilitate ease of doing business, the Ministry of Steel undertook a review of the existing import-related requirements.

It also reviewed the requirement for obtaining clarification or No Objection Certificate (NOC) from the Ministry of Steel for import of steel grades not covered under any QCO.

“Based on the recommendations of the High-Level Committee on Non-Financial Regulatory Reforms (HLC-NFRR), it has been decided that steel g

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