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        <h1>Calcutta High Court to Decide on Writ Petition Involving India's Steel Development Fund and Past Expenditures.</h1> The Ministry of Steel in India conducts regular reviews of its public sector undertakings, identifying issues to address with other government bodies. As the steel sector is deregulated, the government's role is primarily facilitative, with no control over private sector performance. The Steel Development Fund (SDF), established in 1978, was funded by a surcharge on steel, but this levy was abolished in 1994. Recent expenditures from the SDF were Rs. 36.16 crore in 2012-13, Rs. 53.15 crore in 2013-14, and Rs. 46.80 crore in 2014-15. A writ petition concerning the SDF is currently pending in the Calcutta High Court.

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