CITU slams Centre’s policies to privatise VSP

2 months ago 1
ARTICLE AD BOX
CITU State wide   caput   Ch. Narasinga Rao addresses a property   league  connected  Visakhapatnam Steel Plant (VSP) connected  Monday.

CITU State wide caput Ch. Narasinga Rao addresses a property league connected Visakhapatnam Steel Plant (VSP) connected Monday. | Photo Credit: V. RAJU

The Centre of Indian Trade Unions (CITU) has alleged that the authorities is giving precedence to removing employees alternatively than expanding the accumulation of the Visakhapatnam Steel Plant (VSP).

Speaking to reporters connected Monday, CITU authorities wide caput Ch. Narasing Rao and Visakhapatnam territory wide caput RKSV Kumar alleged that the Centre had made up its caput to privatise the works successful 2021, but the relentless agitations of the workers successfully thwarted specified attempts. They alleged that the Centre is present trying to weaken the works and manus it implicit to backstage parties.

Mr Narsing Rao said the policies of the Cetnre aimed astatine weakening the VSP had resulted successful losses to a tune of ₹5,000 crore past year. They ridiculed the claims of Chief Minister N. Chandrababu Naidu that helium succeeded successful getting a peculiar bundle for the plant. Mr. Narsing Rao said that the VSP stood apical successful exports to overseas countries till 2021 and utilized to gain profits. However, exports to overseas countries person stopped aft 2021 owed to the policies of the Central government.

“The Central authorities has deliberately damaged the fiscal resources of the plant. Salaries, HRA, bonuses, incentives, and loans that were expected to spell up by mode of wage revisions person been wholly stopped from being paid to the workers for the past 5 years,” Mr. Narsing Rao said. The imperishable workers, officers, and declaration workers are forced to enactment connected fractional salaries, helium alleged.

Despite each difficulties, the workers are moving hard to prevention VSP. We request that these incorrect practices beryllium stopped and labour rights beryllium implemented, helium said.

Published - March 16, 2026 11:25 p.m. IST

Read Entire Article