The government has earlier engaged a foreign consultant firm M/s Mckinsey for so called restructuring of the public sector steel giant SAIL and the cabinet decision of 15th February clearly reveals that the government has obliged the foreign consultant by accepting its recommendation to dismantle and demolish the public sector steel company, in to-to

The decision to sell out ASP, SSP and VISL would practically end the public sector participation in alloy steel making and hand over the said important segment of country’s market to foreign players. These plants played important role in supplying country’s defence requirement even during the Kargil conflict. The sell-out of captive power plants at Bokaro, Durgapur and Rourkela earlier built up to ensure much needed un-interrupted power supply to the integrated and continuous steel making process and divesting of the oxygen plant at Bhilai as per design of the forein consultant are destined to severely handicap the remaining steel plants with public sector SAIL and adversely affect their efficient and productive operation, much to the advantage of their competitors abroad.

It is clear from the above decision of the cabinet that the government is hell bent to destroy country’s steel making capacity to oblige the MNCs operating in the concerned field. Such approach has already got exposed in the dumping-friendly policy of the "swadeshi" brand BJP government, remaining mere onlooker to the indiscriminate dumping of foreign steel in Indian soil, and also to unjust and aggressive prohibitive action against Indian steel in the name of anti-dumping by USA and European Union.