Steel plant privatisation: poster on State bandh released

CITU leaders recall sacrifices made by people for establishment of the VSP

March 02, 2021 08:03 pm | Updated 08:03 pm IST - VISAKHAPATNAM

A poster on the bandh, proposed by the Steel Plant Parirakshana Porata Committee, against privatisation of the Visakhapatnam Steel Plant (VSP) on March 5, was released by the Centre of Indian Trade Union (CITU) leaders here on Tuesday.

CITU leader M. Subba Rao recalled the sacrifice made by 32 persons in the struggle for establishment of the VSP, the resignation by 67 MLAs of the Left parties and handing over of their lands by people for the establishment of the plant.

He warned that they would not take it lying down, if the Prime Minister or the BJP go ahead with the plan to privatise the VSP under the name of ‘patriotism’.

CITU leader K.V.P. Chandramouli said that even after three decades after the establishment of the VSP, captive mines have not been allocated to it. The investment on the plant by the government was only ₹4,800 crore, while VSP has contributed ₹43,000 crore to the Centre, he said.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.