<span style="color: #222222;">Ministry of Railways today rolled out a new iron ore policy governing allocation of rakes and transportation of iron ore. The Policy aims to attune it to the present day needs of customers and to meet the complete requirement of transportation of iron ore customers. It will provide total logistics support to steel industry to meet the competitive challenges. The new policy has been named as Iron-ore Policy 2021 and will come into effect from 10th Feburary this year.</span><br />'' <span style="color: #222222;"> </span><br />'' <span style="color: #222222;">Production of steel is critically dependent on transportation of iron and other raw materials. The policy sets down clear guidelines on how to fully meet the requirement of customers by leveraging infrastructure facilities available at loading and unloading ends to the fullest.</span><br />'' <span style="color: #222222;"> </span><br />'' <span style="color: #222222;">Railways Ministry said, Iron-ore is the second most important stream of traffic of Railways and along with steel accounts for nearly 17 per cent of total one thousand 210 million tonne freight loading in 2019-20. The new policy is expected to have positive impact on the steel industry, provide powerful impetus to the core sector of the economy and boost country's economic growth.</span><br />''  <br />