Drop plan to sell VSP: Naidu
The Hindu
TDP national president N. Chandrababu Naidu on Saturday urged the Centre to drop its plan to privatise Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant (VSP), as it was achieved through a long drawn struggle by the Telugu people, who, back in 1960, had united for the cause with the slogan ‘Visakha Ukku Andhrula Hakku’ (Vizag steel is the right of Andhraites).
In a letter addressed to Prime Minister Narendra Modi, the TDP president recalled how the government had announced its decision to build VSP in 1970. The project was established under the corporate entity of Steel Authority of India Limited. Later, in 1982, it was brought under RINL, he said.
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