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Government Aims to Revive Visvesvaraya Iron & Steel Plant with ₹15,000 Crore Investment

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The Indian government has announced an ambitious plan to restore the Visvesvaraya Iron & Steel Plant (VISP) to its former prominence with an investment of ₹15,000 crore. The initiative is part of a broader effort to revitalize the country’s steel sector and boost domestic production.

Established in 1923 in Bhadravati, Karnataka, VISP has played a crucial role in India’s industrial development. However, in recent years, the plant has faced operational challenges, financial losses, and declining production capacity, prompting the government to intervene with a revival strategy.

According to officials, the proposed investment will focus on modernizing the plant’s infrastructure, upgrading outdated machinery, and enhancing production efficiency. The government also plans to introduce advanced steel-making technologies and sustainable practices to align the plant with global industry standards.

Union Minister for Steel, [Minister’s Name], emphasized the importance of VISP’s revival, stating, “The plant has a rich legacy, and we are committed to restoring it as a major player in India’s steel industry. This investment will not only strengthen the domestic steel sector but also create new employment opportunities for thousands of skilled and unskilled workers.”

The revival project is expected to be executed in multiple phases, with priority given to improving raw material sourcing, optimizing production lines, and ensuring environmental compliance. Experts believe that a fully modernized VISP could significantly contribute to India’s goal of increasing steel output and reducing dependence on imports.

Local industry leaders and workers have welcomed the move, expressing optimism about the plant’s future. “VISP has been a symbol of Karnataka’s industrial heritage. A revival plan of this scale is a positive step for both the economy and employment,” said a senior employee at the facility.

The government is expected to collaborate with private players and international technology partners to execute the project efficiently. If successfully implemented, the initiative could mark a significant turnaround for VISP, reinforcing its position as a key contributor to India’s steel production landscape.

Jaishankar underlines danger presented by illegal intimidation at UNSC meet, looks for worldwide endeavors to stop abuse of new tech

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Underlining that “psychological warfare stays one of the gravest dangers to mankind”, Outer Issues Pastor S Jaishankar said Saturday that the UN Security Board has developed the counter-psychological oppression sanctions system which has been “extremely powerful in notifying those nations that had transformed psychological oppression into a State-financed endeavor”, in a not so subtle referred to Pakistan.

He likewise reported that India will make a deliberate commitment of a portion of 1,000,000 bucks to the UN Trust Asset for Counter Psychological warfare this year to expand the endeavors of the UN Office of Counter-Psychological warfare (UNOCT) in giving limit building backing to part states in forestalling and countering the danger of psychological warfare.

Talking at the Exceptional Gathering of the Counter-psychological oppression Board of trustees in Delhi, went to by the UN Security Chamber individuals, the outer issues serve pitched for worldwide endeavors to stop conceivable abuse of new advancements, for example, encoded informing and cryptographic money by “non-state entertainers” and advised that virtual entertainment stages have transformed into powerful instruments in the “tool stash” of dread gatherings.

He additionally said psychological oppressor gatherings, their “philosophical individual explorers” and “independent person” aggressors have altogether upgraded capacities by accessing the new advancements.

Agents from each of the 15 part countries of the UN Security Chamber are going to the subsequent day’s gathering. The primary day’s occasions were held in Mumbai.

“Illegal intimidation stays one of the gravest dangers to humankind. The UN Security Chamber, in the beyond twenty years, has developed a significant design, fabricated fundamentally around the counter-psychological warfare sanctions system, to battle this hazard. This has been exceptionally successful in notifying those nations that had transformed psychological oppression into a State-subsidized endeavor,” he said, adding that notwithstanding this, the danger of psychological warfare is just developing and growing, especially in Asia and Africa.

He said that mechanical advancements and leap forwards of the beyond twenty years have been groundbreaking in the manner the world capabilities in each angle. “These new and arising innovations – from virtual confidential organizations, and encoded informing administrations to blockchain and virtual monetary standards – offer an extremely encouraging future for a wide cluster of financial and social advantages for mankind. Be that as it may, there is a flip side, particularly where psychological warfare is concerned,” he said.

“Lately, fear monger gatherings, their philosophical individual explorers, especially in open and liberal social orders, and ‘independent person’ assailants have essentially improved their capacities by accessing these advances. They use innovation and cash, and in particular, the ethos of open social orders, to go after opportunity, resistance and progress. Web and online entertainment stages have transformed into powerful instruments in the toolbox of psychological oppressor and aggressor bunches for spreading misleading publicity, radicalisation and paranoid ideas pointed toward undermining social orders,” he said.