India steel minister says no decision on KIOCL, NMDC merger

NEW DELHI (Reuters) – India has not taken any decision to merge KIOCL and NMDC, junior Steel Minister Bhupathiraju Srinivasa Varma said in a written response in parliament on Tuesday.

The steel ministry had proposed a merger of the miners in January, but the divestment department informed that “there is no such decision” at present, Varma said.

(Reporting by Hritam Mukherjee in New Delhi; Editing by Muralikumar Anantharaman)