The Hindu reported that on the day of Prime Minister Mr Narendra Modi’s visit to Karnataka, Indian National Congress former Chief Minister Mr Siddaramaiah condemned the Union government’s decision to shut down Visvesvaraya Iron & Steel Plant, a subsidiary of Steel Authority of India Limited, at Bhadravathi in Shivamogga district, and demanded the retraction of the closure of the plant.Mr Siddaramaiah, in a letter to Mr Modi, wrote “The plant is the source of pride and livelihood for lakhs of Kannadigas and is what gives Bhadravathi its identity. VISP’s closure will not just result in the foregoing of all of these, but also an indispensable part of the State’s history.”Mr Siddaramaiah alleged that the Center has been neglecting public sector undertakings and recently 13 PSUs have become non-functional. And close to 1,340 employees working on contract basis are worried of losing their jobs following the recent decision to close the unit citing financial losses.
The Hindu reported that on the day of Prime Minister Mr Narendra Modi’s visit to Karnataka, Indian National Congress former Chief Minister Mr Siddaramaiah condemned the Union government’s decision to shut down Visvesvaraya Iron & Steel Plant, a subsidiary of Steel Authority of India Limited, at Bhadravathi in Shivamogga district, and demanded the retraction of the closure of the plant.Mr Siddaramaiah, in a letter to Mr Modi, wrote “The plant is the source of pride and livelihood for lakhs of Kannadigas and is what gives Bhadravathi its identity. VISP’s closure will not just result in the foregoing of all of these, but also an indispensable part of the State’s history.”Mr Siddaramaiah alleged that the Center has been neglecting public sector undertakings and recently 13 PSUs have become non-functional. And close to 1,340 employees working on contract basis are worried of losing their jobs following the recent decision to close the unit citing financial losses.
