'No need for privatisation of Vizag steel plant'


Amaravati, Mar 11 (IANS): Bharatiya Janata Party (BJP) MP and maverick politician Subramanian Swamy on Wednesday opined that privatisation of the Visakhapatnam Steel plant is not a good idea.

He said this while interacting with the media after calling on Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy.

Voicing his opposition to the Centre's privatisation plans for Visakhapatnam Steel Plant, Swamy recalled that even in the past, he had opposed the privatisation of Air India.

Swamy opined that blindly privatising public sector companies is not a good thing, and said it should be attempted only if there are "sufficiently strong reasons".

Clarifying that he is in favour of market systems, Swamy felt the government should consider divestment on a case-by-case basis.

The moves to privatise the Visakhapatnam Steel Plant in Andhra Pradesh have been evoking strong opposition across the state.

Both the ruling as well as the opposition parties have been agitating for rollback.

Swamy also complimented Jagan Mohan Reddy for his decision to bring TTD accounts under the ambit of CAG. He felt that conditions should be made amenable for devotees to be able to manage the affairs of the Tirumala Tirupati Devasthanam.

 

  

Top Stories


Leave a Comment

Title: 'No need for privatisation of Vizag steel plant'



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.