The Central government has proposed to keep investments in 11 state-owned steel companies at Rs 10,325 crore in the Union Budget 2024-2025, at par with the investments proposed last year, according to budget documents. This compares to a revised estimate of Rs 10,358 crore in 2023-2024. Finance Minister Nirmala Sitharaman did not announce any outlay for the steel sector in her budget speech.