Visakha Steel Plant: The struggle of the people of Andhra Pradesh, especially the people of Visakhapatnam district, to not privatize the Visakhapatnam steel industry is still going on. Different political parties have different views on this issue. After the BJP came to power at the centre, this controversy has intensified and it is becoming difficult to find an answer.
Visakha Steel Plant workers concerned over privatization plans
Although both the central government and the state government are saying to save the industry, no proper solution is in sight. Recently, the idea of handing over the industry to Steel Authority of India Limited (SAIL) is brewing at the Centre. It seems that the Center believes that this will reduce the debt burden on the industry and save the jobs of the workers.
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However, it is not clear how handing over the industry to SAIL will affect workers. While some are happy with the decision, others are worried about the future of their jobs.
The steel industry of Visakhapatnam is an important economic source of the state. Millions of lives depend on it. Hence, central and state governments should take an early and effective decision in this regard considering the future of the workers.