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privatise Vizag steel plant

YSR to meet TUs on RINL privatisation

Around 3 a.m. in the morning police forcibly shifted TDP leader and former MLA Palla Srinivas who was on a hunger strike in protest against privatization of the steel plant ahead of Chandrababu Naidu’s visit to the protest site. On 15 February evening the police had asked his family to shift him to the hospital but the TDP leader refused to budge.

RINL privatisation: YSR’s bid to convince Centre on divestment

Despite the letter written by the CM against privatisation the meetings between him and representatives of Posco, South Korean steel giant held last year have left the employees unions uneasy. They had vehemently opposed the entry of Posco into any joint venture with Rashtriya Ispat Nigam Limited which runs the steel plant.