About JPC
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JOINT PLANT COMMITTEE – 50 YEARS OF REMARKABLE EVOLUTION
Joint Plant Committee (JPC) is the only institution in the country, officially empowered by the Ministry of Steel, Government of India to collect data on the Indian iron and steel industry and over the last significant 50 years of its operation, it has embellished its position in the creation and maintenance of a complete and non-partisan databank on this industry.
Constituted in 1964 by the Government of India for formulating guidelines for production, allocation, pricing and distribution of iron and steel materials, JPC underwent a major transformation in 1992,when following the de-regulation of Indian steel industry, it moulded itself into a facilitator for industry, focusing on giving form to a comprehensive and non-partisan databank – the first of its kind in the country – on the Indian iron and steel industry.
Its vast experience in different fields of data related work and accumulated knowledge on industry –structure, operation, dynamics – has helped reap rich dividends with the result that today, the JPC database is a much sought-after source of authentic and reliable information on Indian steel industry, used extensively in the formulation of key economic parameters like the WPI, IIP, GDP of the Government of India, among others.
JPC is headquartered at Kolkata with regional offices in New Delhi, Kolkata, Mumbai and Chennai, engaged in data collection and industry liaison and the year 2014 saw the milestone development of the opening of its extension centre in Bhubaneswar, Odisha, in a bid to consolidate and further shar pen the accuracy of its data and data collection system at the regional level. T he Economic Research Unit (ERU) at New Delhi serves as a wing of JPC to carry out techno-economic studies and policy analysis. JPC is headed by Joint Secretary to Government of India, Ministry of Steel as its Chairman and has representatives from SAIL, RINL, Tata Steel and Railway Board as its esteemed Members.
A Look at the Database
The database includes a rich repertoire of significant data elements and includes:
- Capacity data of all steel producing units
- Production data of iron and steel
- Stock data of all steel producing units - category-wise/month-wise
- Domestic Indicative Market Prices of major categories of iron and steel
- Import data of pig iron, sponge iron, finished steel, scrap
- Export data of pig iron, sponge iron, finished steel, scrap
- Consumption data features in the database as a derived item
- FOB, CIF Prices & landed cost of select steel items
- Production, export, import data of raw materials for steel – iron ore, coal & coke, refractory,
- Reserves, production, prices of raw materials for steel – iron ore, coal & coke
- Item-wise, state-wise despatch of finished steel
- Accidents in steel plants
Managing and Maintaining the Database
A slew of activities performed round the year by the Regional Offices of JPC in sync with the JPC Headquarters at Kolkata ensure that the database remains updated and of use to all stakeholders. The range of activities includes:
- Liaison with units on a regular basis is a continuous activity pursued by JPC in order to collect production data and maintain the database – a tremendous task, considering the innumerable units in the small and medium scale sectors, in segments like induction furnace, re -rolling mills, sponge iron and cold rolling. The interaction is also necessary to update the state-wise listing of units in the various segments and document the changes therein.
- Regular interaction is also undertaken with dealers and producers for market prices and with custom authorities for export and import data – the former on a daily basis and the latter on a monthly basis.
- Segment-specific surveys form a major database maintenance activity. Undertaken annually, they not only help update the population frame but also aid policy decisions at the government level. As on date, JPC has to its credit, records of completion of surveys on key segments line sponge iron, blast furnace, induction furnace/electric arc furnace, re-rolling, refractory. Reports of all the completed survey are available at JPC for sale. The survey on the Indian Iron Ore Pellet Industry –the first benchmark, official work on this sector - was completed by JPC last year. At the same time, a fresh survey on the Indian Induction Furnace Industry – undertaken to re-assess industry
- situation, post-slowdown – was also completed. Both the survey activities featured in the RFD 2014-15 program of the Ministry of Steel and was complied by JPC well within due time.
- Review of data and data reporting (receipt status, reporting formats) are periodically done by JPC. In a move much appreciated by industry and its wide ranging clientele, JPC had earlier resolved long-standing data problems of under-reporting and double counting. Further work on this areas continued during the year, with inclusion of reporting on category-wise double counting for example. Substantial work, in tune with industry requirements, was also taken up towards mapping of major items of production of iron and steel in the domestic market with corresponding International Tariff Code (ITC) items so as to enable a sync with international reporting practice.
- Policy on Segment Surveys and Market Studies: Field-surveys are one of the most important methods for regular and extensive updation of the JPC database. Similarly, under the aegis of and with the approval of the Ministry of Steel, JPC conducts studies on market segments to understand the trends and dynamics of the domestic steel industry. However, both the structure and modes of operations of the Indian iron and steel industry are changing fast, due primarily to the expansion process currently under-way and secondly, due to the impact of the market fluctuations which is increasingly getting reflected in closures/downsizing of operations/mergers/acquisitions. Such changes in a vast and heterogeneous industry like steel, makes it important that JPC re-looks at the entire way the field-level market/segment surveys and market studies are currently undertaken by JPC – from selection of segments to frequency of operation. Accordingly, during 2014, JPC had drafted a policy on segment surveys and market studies to be undertaken by it during the period, 2014-15 to 2018-19 in order to lend an element of structure and method in conducting such exercises and act as a roadmap for future activities. The said Policy was examined and approved by the Ministry of Steel, making it one of the major milestone developments in the evolution of the organization during the year.
Dissemination of Information
A range of publications and data reports, on monthly and annual basis ensure the spread of information and data to all stakeholders of industry. Leading JPC Publications include:
- JPC Bulletin on Iron & Steel (English, Hindi): provides a monthly trend scenario of the Indian steel industry in a global perspective.
- Monthly Performance Report: Provides an overall statistical presentation of the current status of Indian steel industry
- Monthly MIS Report: Provides a detailed statistical presentation of the current status of Indian steel industry
- JPC Booklet on Steel Industry Performance: meant to be a ready reference cum handbook on the annual performance of Indian steel industry
- Performance Review-Iron & Steel: Encapsulates an exhaustive account of the developments in different aspects of the Indian iron and steel industry in the fiscal gone by.
- Annual Statistics: provides a statistical profile of five-year’s database on different areas of Indian steel industry.
- Survey Reports: include reports of various surveys conducted by JPC viz. ferro-alloy refractory,induction furnace, sponge iron, pig iron etc
Studies: Conducted under the aegis of the Ministry of Steel, Government of India, JPC from time to time, has undertaken studies in emerging markets/segments to understand the pattern and nature of growth as also the prospects for the same in association with industry. 2014 saw the release of the much-awaited study report, ‘Assessment of Steel Demand in Rural India’, which had brought out, for the first-time ever, insight into the pattern and level of steel consumption in the modern day Indian rural market. Currently, a Study on end-use-wise assessment of domestic steel consumption – geared to find out how much steel is consumed and is likely to be consumed in a particular segment, has been taken up by JPC and includes an end-use-wise assessment of domestic steel consumption but also projected demand, end-use/category/grade/size-wise.
Support Service
In its role as a facilitator, JPC extends myriad support services with the objective to provide varied support to steel industry / Ministry of Steel on different issues related to development of industry like the Steel Consumers’ Council meetings of Ministry of Steel, the ‘Steel Pavilion’ of Ministry of Steel in the annually-held ‘India International Trade Fair’ (IITF), New Delhi among others.
Towards Newer Horizons ……
Rich in information and expertise gained over the last eventful 50 years of its operation and association with the Indian steel industry, JPC is currently contemplating further extension of its database, developing new reports / formats of reporting and upgrade its website to offer instant access to more new features and aspects, thereby offering value-added services to different stakeholders of industry, as it awaits policy directions towards greater empowerment and greater offering in terms of data and information to all.