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YSRCP s Relentless Battle Against VSP Privatisation To Continue Mar 06, 2021, 13:11 IST
Vishakapatnam: YSRCP said the party has fully supported and taken part in the bandh against the Central government s decision to privatize the Rashtriya Ispat Nigam Limited (RINL) Visakhapatnam.
Speaking to media here on Friday, MP V. Vijayasai Reddy said the YSRC party has been fighting against privatization of Vizag Steel Plant in Parliament and the Chief Minister has already recommended alternative measures and assured that a resolution would be passed in the assembly.
He came down heavily on Chandrababu Naidu for a land scam in Vizag during his regime and said the political chapter of Naidu would see an end with the upcoming civic poll results. He said Naidu has left no stone unturned to stop Vizag from being the executive capital and committed huge injustice to the people of North Andhra.
Vizag steel plant privatisation row: CM has offered better solutions, says Vijayasai Reddy ANI | Updated: Mar 06, 2021 15:21 IST
Visakhapatnam (Andhra Pradesh) [India], March 6 (ANI): Andhra Pradesh Chief Minister YS Jaganmohan Reddy has shown alternate ways besides privatisation that will yield profits, said YSRCP MP Vijayasai Reddy following the state-wide bandh at the Maddilapalem Junction in Visakhapatnam against the Centre s decision to privatise the Visakhapatnam Steel Plant.
At the protest which was held on Friday, Reddy also hit out at the Telugu Desam Party (TDP), who have also expressed opposition against the same and participated in the bandh. The state government is directly fighting the steel plant privatisation and Chief Minister Jaganmohan Reddy has shown alternative ways. If they are practised, profits will come. The YSRCP opposes the decision to privatise the steel plant, he said.
Updated Mar 05, 2021 | 13:38 IST
Almost all political parties in Andhra Pradesh, including the YSR Congress Party-led state government, expressed solidarity with the bandh. The state-wide bandh in force in Andhra Pradesh on Friday. | Photo Credit: IANS
Key Highlights
Protesters were seen demonstrating at the Pandit Nehru Bus Station in Vijayawada
YSRCP leader P Gowtam Reddy too demanded the Centre to withdraw the decision
Vijayawada: Political parties in Andhra Pradesh have enforced and observed a statewide bandh to protest against the Centre’s decision to privatise the Visakhapatnam Steel Plant (VSP), or as it’s otherwise known as the Rashtriya Ispat Nigam Limited (RINL).
Nifty to open below 15,000 amidst weak global cues
March 05, 2021
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Most Asia-Pacific markets slumped in excess of 1% in early trade on Friday while US stocks declined overnight
The Indian markets are likely to open sharply lower on Friday, due to weak global cues and on profit booking. Cues from SGX Nifty suggest that Nifty is most likely to open below 15,000-mark. The SGX Nifty is hovering around 14,880, a decline of about 220 points, against the Nifty futures that on Thursday closed at 15,106.
Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities, said: “We witnessed a sharp decline (on Thursday) in our market mainly due to the sudden jump in the long-term bond yields of the US. The steady growth in the economy leads to a steady rise in the bond yields and therefore, the market should start offering discounts in the medium to long term.”