A delegation of Visakhapatnam Metal Plant (VSP) workers, staff and commerce unions known as on Deputy Chief Minister Okay. Pawan Kalyan at his camp workplace right here on Sunday (October 6, 2024), and appealed to him to see that the Central authorities shelved its plan to privatise the corporate below the guise of disinvestment of its stake.
In addition they requested Mr. Pawan Kalyan to attempt to mobilise funds to assist the VSP meet the monetary crunch.
Responding to their pleas, Mr. Pawan Kalyan stated privatisation of VSP was an emotive concern because it had come into existence following an intense wrestle, throughout which 32 individuals died. In addition to, about 16,000 folks gave about 24,000 acres of land for it.
He promised the delegates to take the difficulty to the Centre’s discover once more, whereas observing that the survival of PSUs was essential for the nationwide economic system.
The necessity to allot captive iron ore mines to VSP and infuse working capital, or merge it with the Metal Authority of India (SAIL) / NMDC’ Metal Restricted (NSL) at Nagarnar, or change VSP from non-strategic to strategic class can be conveyed to the Centre.
Stress ought to have been mounted by a staff of leaders of all main political events on the Centre as and when the proposal got here to the fore but it surely didn’t occur, he lamented.
The union leaders informed the Deputy CM that VSP had 12,500 workers and 14,000 contract staff, and that some allowances weren’t being paid for the previous few months.
Additional, Mr. Pawan Kalyan sought to know whether or not the previous Chief Minister, Y.S. Jagan Mohan Reddy, had deliberate to promote away lands belonging to the VSP, to which the staff replied that it was a truth.
The assembly assumed significance within the context of Chief Minister N. Chandrababu Naidu’s go to to New Delhi on October 7 (Monday), when he was anticipated to talk to Prime Minister Narendra Modi and Central Ministers about a variety of points, together with the proposed privatisation of VSP.
Mr. Naidu and Mr. Pawan Kalyan had beforehand expressed their resolve to guard VSP, whereas Union Minister of State for Metal & Heavy Industries Bhupathiraju Srinivasa Varma said that the Centre was exploring all potential alternate options to drag VSP out of the pink, and that detailed deliberations had been held with all stakeholders to discover a lasting answer.
Revealed – October 07, 2024 03:45 am IST