FDNA opposes privatisation of VSP


The Forum for Development of North Andhra (FDNA) has deplored the decision of the Central government to totally divest its stake in Visakhapatnam Steel Plant in the garb of privatisation.

In a statement here on Thursday, FDNA general secretary A. Aja Sarma recalled that the plant was established in the city after a long struggle of the Telugu people, and recalled that 32 persons had sacrificed their lives during the struggle. He alleged that the NDA government was deceiving the Telugu people. He recalled that 20,000 acres of land was acquired from the people for the steel plant.

The only shore-based steel plant in the country, VSP has assets worth ₹2.5 lakh crore. It provides employment to nearly one lakh people both directly and indirectly, Mr. Sarma said, adding that the FDNA wholly supported the VSP workers who are agitating for the privatisation proposal to be dropped.

You have reached your limit for free articles this month.

Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.

Personalised recommendations

A select list of articles that match your interests and tastes.

Faster pages

Move smoothly between articles as our pages load instantly.

Dashboard

A one-stop-shop for seeing the latest updates, and managing your preferences.

Briefing

We brief you on the latest and most important developments, three times a day.

Support Quality Journalism.

*Our Digital Subscription plans do not currently include the e-paper, crossword and print.

.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *