New steel minister Chaudhary Birender Singh on Wednesday said he would use his common sense to ensure “result-oriented” policies to improve the performance of the sector passing through a “stressful” phase.
“I feel it can be any ministry or any kind of work, but what works is common sense. Steel is passing through a stress situation not just in our country, but throughout the world,” Singh, a veteran politician, said, after assuming charge of the steel sector, which accounts for one of the biggest chunks of non-performing assets in the domestic banking industry.
Stating that he has never had the habit of looking back, the minister said he now would fully concentrate on the steel sector and strive for betterment of the industry.
“Today, I have handed over the charge of rural development ministry to him (Tomar) and now my concentration is on steel. I am result-oriented and I will work towards making the sector better,” Singh said.
The minister said he would be working vigorously for the promotion of the steel industry and protect the interests of the industry and wants to make the steel sector progressive and globally competitive.
On the face of burgeoning imports, anaemic demand and subdued price, the domestic steel industry had been passing through a bad phase, prompting the government to take a number of tariff and non-tariff measures in recent times.