Steel companies plan to lay off workers due to raw material crisis

"We have taken this decision as a desperate measure and will soon inform our labour force, leaders of labour unions about the impending lay off," said PL Kandoi, president of All Odisha Steel Federation (AOSF), an association of nearly 300 steel makers.

It may be noted the steel sector in the state has generated an overall employment for 75,681 people which includes direct employment for 23361 persons and indirect employment opportunities for 52320 others.

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