"vizag-steel-plant"

Chief Minister YS Jaganmohan Reddy had already announced that a resolution would be adopted in the Assembly opposing the privatisation of Vizag steel plant

The steel plant employees and contract workers were on relay fasts for the past 15 days protesting the privatisation move

" All this and more will be a step in the right direction to protecting the thousands of employees’ future and sustainability", he said

Talking to reporters here, she said she came to know about the decision only after the Centre announced it

Jaganmohan Reddy also drew the attention of Modi to the fact that the plant had a good performance between 2002 to 2015 earning profits with positive net worth.

Srinivasa Rao's resignation will come into effect the moment the Centre's decision to privatise the steel plant is implemented.

Releasing a book `POSCO- Boon or Bane' penned by CITU state president Ch. Narasinga Rao here on Sunday, he said that the Vizag steel plant was set up after a mammoth movement by the local people and it should not be given up.

However, there were no casualties and the fire was brought under control in quick time