Working with Government
IMMA is in close touch with the Government on matters affecting the steel industry. It regularly liaises with the Ministry of Steel, the Ministry of Mines, the Ministry of Environment, Forest and Climate Change, and the Ministry of Railways, as well as the Departments of Commerce and Revenue. Below are just some of the areas in which the Association interacts with policy makers and administrators.
Keeping up standards: Quality is all important if Indian steel is to maintain its place in the marketplace and retain the confidence of consumers. IMMA works with the technical wing of the Ministry of Steel (MoS), Government of India, as well as the Bureau of Indian Standards (BIS), and other National Standard bodies to formulate and implement Indian Standards for specific steel products.
Expressing concerns: IMMA plays a vital role in bringing the concerns of its members to the attention of policymakers. For example, the Association provides suggestions on laws and regulations relating to raw materials essential to the steel industry, such as coal, gas and iron ore. It highlights finance and tax issues, as well as problems relating to foreign trade, such as export duty, dumping, and trade imbalances. Every year, before the Union budget, IMMA engages with the Ministry of Finance, Government of India, to set out the budget expectations of the steel industry.