6 months ago
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Countering the claims of BJP State president PVN Madhav connected the ‘privatisation of Visakhapatnam Steel Plant (VSP)’, Andhra Pradesh CITU wide caput Ch. Narasinga Rao challenged him for a nationalist statement connected the contented successful beingness of the media.
Speaking to media persons successful Visakhapatnam connected Sunday, Mr. Narasinga Rao alleged that the Modi authorities was keen connected privatisation of VSP. He powerfully condemned the statements of the BJP leaders that the ₹11,440 crore fiscal bundle and restarting cognition of the 3rd blast furnace successful VSP were aimed astatine stopping the privitasation of the plant.
After the 3rd blast furnace was revived this twelvemonth (2025), the works had suffered losses to the tune of ₹1,000 crore. He alleged that nary attempts were being made to repair the damaged instrumentality successful resulting successful accidents astatine the plant.
He besides alleged that the removal of 10,000 imperishable and declaration workers was a ploy to propulsion the works into losses. The fiscal bundle was fixed connected the information that the magnitude should beryllium utilised lone for clearing the loans taken by VSP. This was done to favour the backstage company, which came guardant to get VSP.
The funds fixed nether the peculiar bundle were not utilized for acquisition of earthy worldly to tally the plant, repair of instrumentality oregon for outgo of salaries of employees. He alleged that the BJP was trying to mislead the nationalist successful the sanction of ‘financial package’ to VSP.
The nonaccomplishment of the Centre to supply captive mines to VSP was an impediment successful the works securing profits. Ironically, the Central and State governments were keen connected proviso of captive mines to the backstage assemblage Arcelor Mittal Steel Plant, which was yet to beryllium acceptable up. The CPI person said that the statements of the BJP State president that VSP would beryllium saved by the BJP were ‘far from the truth’ and were meant to deceive the public.
CITU territory wide caput R.S.V. Kumar was contiguous astatine the media conference.
