Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy has written to Prime Minister Narendra Modi opposing the proposed privatisation of Rashtriya Ispat Nigam Limited (RINL), the corporate entity of the Visakhapatnam Steel Plant.The Chief .
Vizag Steel Plant Privatisation Row: CM Jagan Writes to PM Modi to Reconsider
Recently, the Cabinet Committee on Economic Affairs had given in-principle approval for 100% strategic disinvestment of the Centre s shareholding in Rashtriya Ispat Nigam Limited.
A view of Visakhapatnam Steel Plant (VSP) under the corporate entity Rashtriya Ispat Nigam Ltd. Photo: Vizag Steel website
Government07/Feb/2021
Amaravati: Amid growing outcry against the Centre’s move to privatise Rashtriya Ispat Nigam Limited (RINL) which has a steel plant in Visakhapatnam, chief minister Y.S. Jagan Mohan Reddy has written to Prime Minister Narendra Modi to reconsider the decision.
He said the state government is ready to work with the steel ministry to protect the Public Sector Enterprise (PSE), which provides employment to 20,000 people directly and many others indirectly.
Speaking to media persons he said the country is witnessing a V shaped recovery post COVID-19 pandemic, which is evident by the GST collection during the past four months
With $590 billion forex reserves in kitty, India now net creditor : MoS Thakur
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Last Updated: Feb 06, 2021, 07:11 PM IST
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Speaking to media persons he said the country is witnessing a V shaped recovery post COVID-19 pandemic, which is evident by the GST collection during the past four months.
Describing the budget as a transparent one , the minister explained the salient features of it.
Hyderabad: India now has forex reserves of over USD 590 billion, the highest ever, up by USD 119 billion over the previous year, while the external debt is USD 554 billion, making the country a net creditor , Minister of State for Finance Anurag Singh Thakur said here on Saturday.
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