Cabinet Approves ₹11,440 Cr Revival Package for Rashtriya Ispat Nigam Limited (RINL)

Andhra Pradesh, Jan 17, 2025, By news on air16

The Cabinet Committee on Economic Affairs, CCEA, has approved an 11,440 crore rupee revival package for Rashtriya Ispat Nigam Limited (RINL).

Information and Broadcasting Minister Ashwini Vaishnaw told the media in New Delhi that the revival package was cleared in yesterday’s cabinet meeting. He said RINL is an important company in the country’s steel sector, located in Andhra Pradesh.

Mr. Vaishnaw said that with the help of this package, all the employees of RINL, as well as all the people connected with the economic activities of RINL, will be immensely benefitted.