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AP assembly resolves to oppose VSP privatisation


Anta Assamey

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AP assembly resolves to oppose VSP privatisation

Andhra Pradesh legislative assembly on Thursday unanimously adopted a resolution opposing the central government’s move to privatise the Visakhapatnam Steel Plant as part of its plan for disinvestment in central public sector undertakings to raise Rs 2.50 lakh crore this year.

The resolution was introduced by state minister for industries Mekapati Gautam Reddy in the assembly before it was adjourned sine die. The resolution was adopted unanimously with voice vote.

The resolution said the assembly was opposing the decision of Cabinet Committee on Economic Affairs (CCEA) for 100% strategic disinvestment of Government of India’s shareholding in Rashtriya Ispat Nigam Ltd., Visakhapatnam, along with management control by way of privatization.

It also resolved to seek the support of Government of India to make the RINL profitable and remain the pride of “Telugu People” and the State of Andhra Pradesh.

The minister, in a statement in the House, said in view of the sensitivity of the issue and widespread agitation by the trade unions and common public against the privatisation proposal, the Jagan Mohan Reddy government was supporting the cause of protecting the steel plant from disinvestment.

He said the chief minister had already written a letter to Prime Minister Narendra Modi on February 6 with a request to reconsider the proposal of disinvestment.

He also suggested alternative solutions that might be helpful to address the issue of huge losses incurred by the Vizag Steel Plant. 

“The state cabinet deliberated on the issue at its meeting on February 23 and discussed the unrest among the trade unions and the general public of Visakhapatnam and decided to adopt a resolution in the assembly,” Gautam Reddy said.

Recalling the history of the Vizag Steel Plant, he reminded that the people of the state had rallied for the steel plant cause in which 32 people had laid down their lives.

“Finally, on April 17, 1970, then Prime Minister Indira Gandhi had announced the decision to build Visakhapatnam steel plant. In 1971, foundation stone was laid for Visakhapatnam Steel Plant,” he said.

He reiterated the contents of the letter written by Jagan to Modi in February, Gautam Reddy said the Vizag steel Plant stood as a testimony to the will of Telugu people and lives as an icon of Telugu achievement in our collective psyche. 

“The government of the Andhra Pradesh is strongly against the privatization of RINL and is ready to support the government of India, and ministry of steel to protect the jewel of the state,” Reddy added.

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5 minutes ago, Anta Assamey said:
AP assembly resolves to oppose VSP privatisation

Andhra Pradesh legislative assembly on Thursday unanimously adopted a resolution opposing the central government’s move to privatise the Visakhapatnam Steel Plant as part of its plan for disinvestment in central public sector undertakings to raise Rs 2.50 lakh crore this year.

The resolution was introduced by state minister for industries Mekapati Gautam Reddy in the assembly before it was adjourned sine die. The resolution was adopted unanimously with voice vote.

The resolution said the assembly was opposing the decision of Cabinet Committee on Economic Affairs (CCEA) for 100% strategic disinvestment of Government of India’s shareholding in Rashtriya Ispat Nigam Ltd., Visakhapatnam, along with management control by way of privatization.

It also resolved to seek the support of Government of India to make the RINL profitable and remain the pride of “Telugu People” and the State of Andhra Pradesh.

The minister, in a statement in the House, said in view of the sensitivity of the issue and widespread agitation by the trade unions and common public against the privatisation proposal, the Jagan Mohan Reddy government was supporting the cause of protecting the steel plant from disinvestment.

He said the chief minister had already written a letter to Prime Minister Narendra Modi on February 6 with a request to reconsider the proposal of disinvestment.

He also suggested alternative solutions that might be helpful to address the issue of huge losses incurred by the Vizag Steel Plant. 

“The state cabinet deliberated on the issue at its meeting on February 23 and discussed the unrest among the trade unions and the general public of Visakhapatnam and decided to adopt a resolution in the assembly,” Gautam Reddy said.

Recalling the history of the Vizag Steel Plant, he reminded that the people of the state had rallied for the steel plant cause in which 32 people had laid down their lives.

“Finally, on April 17, 1970, then Prime Minister Indira Gandhi had announced the decision to build Visakhapatnam steel plant. In 1971, foundation stone was laid for Visakhapatnam Steel Plant,” he said.

He reiterated the contents of the letter written by Jagan to Modi in February, Gautam Reddy said the Vizag steel Plant stood as a testimony to the will of Telugu people and lives as an icon of Telugu achievement in our collective psyche. 

“The government of the Andhra Pradesh is strongly against the privatization of RINL and is ready to support the government of India, and ministry of steel to protect the jewel of the state,” Reddy added.

oscar drama 

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