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Andhra Pradesh Assembly opposes Vizag Steel Plant privatization
Updated May 21, 2021, 7:08 am IST
The industries minister stated that the Cabinet deliberated on the issue at the council meeting on February 23
A view of Visakhapatnam Steel Plant (VSP) under the corporate entity Rashtriya Ispat Nigam Ltd. (Photo: Vizag Steel website)
Vijayawada: The AP Assembly passed a resolution opposing the privatisation of Visakhapatnam Steel Plant (VSP). The Minister for Industries, Mekapati Gautam Reddy, proposed the resolution and it was passed unanimously.
Moving the resolution, Gautam Reddy said that considering the sensitivity of the issue and widespread agitation by the trade unions and common public against the divestment proposal, the Government of AP had acknowledged the need for supporting the cause of protecting Rashtriya Ispat Nigam Limited, the corporate entity of VSP, from disinvestment. He recalled that, accordingly, Chief Minister Y.S. Jagan Mohan Reddy addressed a det
AP Assembly adopts resolution against privatisation of RINL
May 21, 2021
The Centre had proposed divestment of RINL
The Andhra Pradesh State Legislative Assembly adopted a resolution to oppose the Centre s decision on 100% strategic disinvestment of Government of India s shareholding in Rashtriya Ispat Nigam Limited, Vishakapatnam. The Centre had proposed divestment of RINL along with the management control through privatisation.
The House, which earlier in the day presented the Annual Budget for 2021-2022, and passed the Appropriation Bills and some other Bills, resolved to request the Government of India to consider the measures suggested by State Chief Minister YS Jagan Mohan Reddy in his letters addressed to Prime Minister Narendra Modi dated February 6, 2021 and March 9, 2021, wherein the Chief Minister suggested options to make RINL profitable and remain the pride of Telugu people and Andhra Pradesh.
AP Legislative Assembly Adjourned Sine Die After Passing Appropriation Bill May 20, 2021, 19:15 IST
House passes Appropriation Bill
Adjourned sine die
Amaravati, May 20: The Legislative Assembly has passed the Andhra Pradesh Appropriation Vote on Account Bill, 2021, Andhra Pradesh Appropriation Bill No.2, 2021, and Andhra Pradesh Appropriation Bill No 3, 2021.
Finance Minister Buggana Rajendranath Reddy tabled the three Appropriation Bills required to meet the supplementary grants made by the State Assembly for the year and supplementary expenditure charged on the consolidated fund of the state of Andhra Pradesh for that year. The Bills were passed by voice vote.
The State Legislative Assembly also passed Andhra Pradesh Medical Education and Research Corporation Bill 2021, Andhra Pradesh Survey and Boundaries Amendment Bill 2021, Andhra Pradesh Municipal Laws Amendment Bill, 2021, and Andhra Pradesh Municipal Laws Second Amendment Bill 2021 and withdrawn Andhra Pradesh E
The Legislative Assembly of Andhra Pradesh was adjourned sine die, after the passage of the Andhra Pradesh Appropriation Vote on Account Bill, 2021, Andhra Pradesh Appropriation Bill No.2, 2021 and Andhra Pradesh Appropriation Bill No 3, 2021, .