"visakhapatnam-steel-plant"

Says efforts will be made to strengthen the plant to run on its own

Narayana said K Chandrashekhar Rao’s move had made the Centre for the time being not to go in for privatisation and instead strengthen the RINL

Union Minister of State for Steel Faggan Singh Kulaste said the Centre’s disinvestment plan has been put on hold, in what could be said to be a major victory for CM KCR.

A team of officials from Singareni Collieries in Telangana visited the Rashtriya Ispat Nigam Ltd-Visakhapatnam Steel Plant consequent on the decision of the Telangana government to participate in the bid towards Expression of Interest in the steel plant

CM KCR has taken the right decision to take over the VSP. If the company goes into the hands of corporate bodies like the Adani Group, it will be a great loss to the nation, said CPI National Secretary K Narayana

The move comes in the wake of the Bharat Rashtra Samithi’s staunch opposition to privatisation of public sector units, with both Chief Minister K Chandrashekhar Rao and Industries Minister KT Rama Rao making statements against Centre’s attempt to hand over the VSP to private players.

Andhra Pradesh requires a visionary and committed leader like Chief Minister K Chandrashekhar Rao to fight against the BJP-led Centre's crooked plans, said AP BRS Chief

The AP BRS chief said the BJP-led Centre was conspiring to hand over the VSP to corporate giants, which were reeling under losses

In a statement here on Monday, he underscored the need for a united struggle in this and said that he would shortly meet various trade unions in the steel plant to take it forward.

Industries Minister KTR demanded the Union government to stall the conspiracies of handing over the VSP, which was valued at Rs.1.5 lakh crore.

The Power ministry had sent letters to all States asking them to import coal, citing shortage, but real intention behind it was to benefit a business tycoon, he said.

BJP MP GVL Narasimha Rao on Monday questioned the Ministry of Steel as to how the Visakhapatnam Steel Plant could cope with largescale retirement of its employees.

Says party stands for nationalisation as against the BJP’s policy of privatisation; reaffirms BRS is for country

The agitators wore black badges and raised slogans demanding the government to continue the steel plant in the public sector.

Visakhapatnam: Speakers at a function to conference on ‘Save Visakhapatnam steel plant’ here on Sunday observed that governments running business is unconstitutional but unfortunately they ignored welfare of the people served the public sector undertakings on a platter to corporate houses. Addressing the gathering of poets, journalists, artistes and trade union leaders in the conference […]

Talking to reporters here on Wednesday, he said that the railway zone was already announced and a special announcement would be made on the decision shortly.

The arrested include many leaders of the all-party trade unions who have been agitating against privatisation of the steel plant for the past two years.

Visakhapatnam: RINL-Visakhapatnam steel plant has achieved profit before tax (PBT) of Rs. 835 crore with a scintillating turnaround performance during 2021-22, according to its Chairman and Managing Director Atul Bhatt. He disclosed this while addressing senior officials and representatives of various unions at a function organized at MP Hall of Ukkunagaram club, here on Saturday. […]

Visakhapatnam: The struggle committee for protection of Visakhapatnam steel plant has given a call for Visakhapatnam city bandh on March 28 to oppose privatisation of the plant. Announcing this at a media conference here on Thursday on the occasion of completing 400 days of relay fasts demanding protection of the steel plant, the committee leaders […]

Visakhapatnam: Former minister and Telugu Desam Party MLA representing Visakhapatnam North, Ganta Srinivasa Rao, on Monday wrote once again to the Speaker of Andhra Pradesh Legislative Assembly Tammineni Sitaram, to immediately accept his resignation to the Assembly. Ganta who resigned in February last year to protest against the privatisation of Visakhapatnam steel plant, wrote to […]