Live Breaking News & Updates on Vizag Steel Plant Privatization Protests

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. ....

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