KTR extends support to protests against Vizag steel plant privatization
He added that if Telangana turns blind eye to the Vizag steel plant’s problem today, they would come after Telangana’s PSUs like BHEL, Singareni Collieries.
By Sruthi Vibhavari| Published: 11th March 2021 10:02 am IST
Hyderabad: Telangana Rashtra Samiti (TRS) working party president and the state’s IT minister KT Rama Rao on Wednesday extended solidarity to the ongoing agitations against the Centre’s decision to privatize the neighboring state’s Rashtriya Ispat Nigam Limited (RINL), popularly called Vizag steel plant.
He accused that the BJP-led government “is even capable of mulling privatization of the state governments.”
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YS Jagan seeks Narendra Modi s Appointment on Vizag Steel Plant Issue:- The Centre made some sensational announcements yesterday that the Vizag Steel Plant would be privatized at any cost and Union Finance Minister Nirmala Sitharaman said that the state government has no stake in the Vizag Steel Plant and it cannot stop the privatization. A series of protests are staged in Vizag and the government of Andhra Pradesh is blamed for the consequences. Andhra Pradesh Chief Miniter YS Jaganmohan Reddy earlier penned a letter to Indian Prime Minister Narendra Modi about the same. He sought the appointment of Narendra Modi to discuss about the Vizag Steel Plant issue. YS Jagan also said that he would lead an all-party delegation and the trade unions.
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Mar 09, 2021, 12:28 IST
VISAKHAPATNAM: The Visakhapatnam Steel Plant (VSP) Parirakshana Committee and various other trade union JACs who are protesting against the privatisation of the Steel plant, have further threatened to escalate it over the statement made by the Union Finance Minister Nirmala Sitharaman regarding the privatization of the VSP recently.
The Centre on Monday had reiterated its stance that it will go for 100 per cent disinvestment of Government of India’s shares in Visakhapatnam Steel Plant (VSP). Nirmala Sitharaman who was replying to the queries of Vizag MP MVV Satyanarayana and Araku MP Goddeti Madhavi in the Lok Sabha on Monday, said the Cabinet Committee of Economic Affairs accorded approval in January itself for the disinvestment of government shareholding in Rashtriya Ispat Nigam Limited (RINL), the corporate entity of VSP.