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Bokaro Steel shutting down schools

2016-04-16 09:59:26| Steel - Topix.net

Mounting losses and the ongoing slump in the steel industry has pushed Bokaro Steel into taking a decision it has long avoided: shut down all 21 schools it runs in the steel town and hand over the campuses to private firms. A proposal to this effect has been sent to Steel Authority of India , and Bokaro Steel hopes it will be cleared since sister concern Bhilai Steel Plant, which had sought to take similar measures, was allowed to do so by the SAIL board.

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