CPI(M) criticises State govt. over Gangavaram Port sale
The Hindu
Will launch Statewide stir if decision is not reversed: Madhu
The Communist Party of India (Marxist) State secretary Penumalli Madhu has criticised the State government’s decision to part with its 90% stake in the Gangavaram Port connected to the Visakhapatnam Steel Plant(VSP). At a press conference here on Wednesday, Mr. Madhu said while the State government seemed to oppose the privatisation of the VSP, it was astonishing to see it parting with its stake in the port, an integral part of the VSP as all the raw material and finished products are handled here. “Why is the government bent on selling its stake to Adani, who was acquiring the 10% stake in the Gangavaram Port from D.V.S. Raju,” questioned Mr. Madhu and threatened to launch a Statewide strike if the State government did not reverse its decision on the port.
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