The Hans India reported that employees & union leaders of Rashtriya Ispat Nigam Limited are continuing to wage a battle against the privatization of Visakhapatnam Steel Plant. Even as the Ukku stir reaches its 500-day mark, the central government has shown no sign of withdrawing its decision. Opposing the 100% strategic sale of Visakhapatnam Steel Plant, representatives of Visakha Ukku Parirakshana Porata Committee have intensified the Ukku stir to mount pressure on the central government. VUPPC Chairman Mr D Adinarayana said “Our stand on VSP remains the same and will not allow any private player to step into the plant.” Even in the past, the VUPPC members and employees have staged protests across the state in various forms. They include, a one crore signature campaign, padayatra, rallies, state wide bandhs, relay hunger strike, public meetings and rasta roko. Recently, the officer’s organization of RINL has sought its merger with Steel Authority of India Limited. RINL Steel Executive's Federation of India’s recently elected President Mr Katam SS Chandra Rao told Bizz Buzz that their main promise is to fight for putting pressure on the authorities for remerger of RINL & SAIL for mutual benefit. He said “In this context we have the ray of hope that remerger with SAIL is quite possible. Both the PSUs are under the same ministry and RINL will be benefited due to mines owned by SAIL thereby providing it the much-needed raw material security. SAIL's fortunes will also be strengthened because of RINL's workforce and future prospects to undertake further expansion making use of its surplus lands.” Visakhapatnam Steel Plant, which was set up after the 'Visakha Ukku Andhrula Hakku' agitation was separated from SAIL in 1982. VSP has undergone expansion of capacity to 7.3 million tonnes with an investment of INR 16,700 crore in recent years. Government of India is at present in the process of 100% privatization by appointing valuers and legal advisors notwithstanding opposition by the employees and the Andhra Pradesh Government, which adopted a resolution unanimously in the State Legislative Assembly.
The Hans India reported that employees & union leaders of Rashtriya Ispat Nigam Limited are continuing to wage a battle against the privatization of Visakhapatnam Steel Plant. Even as the Ukku stir reaches its 500-day mark, the central government has shown no sign of withdrawing its decision. Opposing the 100% strategic sale of Visakhapatnam Steel Plant, representatives of Visakha Ukku Parirakshana Porata Committee have intensified the Ukku stir to mount pressure on the central government. VUPPC Chairman Mr D Adinarayana said “Our stand on VSP remains the same and will not allow any private player to step into the plant.” Even in the past, the VUPPC members and employees have staged protests across the state in various forms. They include, a one crore signature campaign, padayatra, rallies, state wide bandhs, relay hunger strike, public meetings and rasta roko. Recently, the officer’s organization of RINL has sought its merger with Steel Authority of India Limited. RINL Steel Executive's Federation of India’s recently elected President Mr Katam SS Chandra Rao told Bizz Buzz that their main promise is to fight for putting pressure on the authorities for remerger of RINL & SAIL for mutual benefit. He said “In this context we have the ray of hope that remerger with SAIL is quite possible. Both the PSUs are under the same ministry and RINL will be benefited due to mines owned by SAIL thereby providing it the much-needed raw material security. SAIL's fortunes will also be strengthened because of RINL's workforce and future prospects to undertake further expansion making use of its surplus lands.” Visakhapatnam Steel Plant, which was set up after the 'Visakha Ukku Andhrula Hakku' agitation was separated from SAIL in 1982. VSP has undergone expansion of capacity to 7.3 million tonnes with an investment of INR 16,700 crore in recent years. Government of India is at present in the process of 100% privatization by appointing valuers and legal advisors notwithstanding opposition by the employees and the Andhra Pradesh Government, which adopted a resolution unanimously in the State Legislative Assembly.