Ministry of Steel Launches Steel Import Monitoring System 2.0 Portal

Shri H.D. Kumaraswamy, Union Minister of Steel and Heavy Industries, launched SIMS 2.0, the upgraded Steel Import Monitoring System in the presence of Shri Bhupathiraju Srinivasa Varma, Minister of State for Steel and Heavy Industries, Shri Nagendra Nath Sinha, Secretary, Ministry of Steel, and other senior officials from the Government of India.

SIMS 2.0 features API integration with multiple government portals, enhancing quality control and streamlining processes for improved efficiency and effectiveness.

The development of SIMS 2.0 is a collaborative effort, with contributions from the DGFT, BIS, and MSTC Ltd., a CPSE under the Ministry of Steel.

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The portal boasts a robust data entry system, ensuring consistent and authentic data, which promotes transparency and accountability. Integration of various databases enables stakeholders to locate areas of risk and, thereby, permit better risk management, e.g., if an import consignment declares a particular source of import, that is not licensed by BIS, then Ministry will be enabled to not recommend its import. The detailed data will enable Customs to conduct better analysis and risk management of steel imports.

Shri H.D. Kumaraswamy, Union Minister of Steel, emphasized that the launch of SIMS 2.0 is a key achievement, highlighting its inclusion in the Government of India's 100-day agenda. He noted that this milestone represents a crucial step forward in the nation's endeavor to bolster the domestic steel industry and achieve self-sufficiency in steel production, aligning with the vision of Atmanirbhar Bharat.

 

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