FDNA opposes privatisation of VSP
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The Forum for Development of North Andhra (FDNA) has deplored the choice of the Central authorities to completely divest its stake in Visakhapatnam Steel Plant within the garb of privatisation.
In a press release right here on Thursday, FDNA normal secretary A. Aja Sarma recalled that the plant was established within the metropolis after a protracted battle of the Telugu individuals, and recalled that 32 individuals had sacrificed their lives through the battle. He alleged that the NDA authorities was deceiving the Telugu individuals. He recalled that 20,000 acres of land was acquired from the individuals for the metal plant.
The solely shore-based metal plant within the nation, VSP has property value ₹2.5 lakh crore. It offers employment to almost one lakh individuals each immediately and not directly, Mr. Sarma mentioned, including that the FDNA wholly supported the VSP employees who’re agitating for the privatisation proposal to be dropped.
