Financial package to VSP offers no lasting solution, says APCC chief Sharmila
The Hindu
Financial package to VSP offers no lasting solution, says APCC chief Sharmila. Self-reliance in steel can be truly realised only when the plant’s capacity is expanded to 20 million tonnes, she says.
Andhra Pradesh Congress Committee (APCC) president Y.S. Sharmila on January 18, 2025 (Saturday) said the financial package of ₹11,440 crore given by the Union government for the Visakhapatnam Steel Plant (VSP) is a temporary relief.
Taking to X, Ms. Sharmila said the merger of the VSP with the Steel Authority of India Limited (SAIL) was the only permanent solution. She said the package was not enough for the revival of the steel plant as its financial struggles remained unaddressed.
“Allocating captive mines to the plant is the real solution,” she observed, adding that only when the plant expanded its capacity to 20 million tonnes could the vision of “self-reliance in steel” be truly realised.
She said ignoring these key aspects, the Centre’s claim that the plant would become number one in the country within two years was yet another attempt to deceive people of Andhra Pradesh.
A five-day Street Food Fiesta began in Mangaluru on Saturday.
NTR's legacy celebrated at NTR centenary event by Lok Nayak Foundation, honouring prominent personalities for 20 years.
Tripura Governor emphasises responsible voting, highlights importance of exercising franchise in Samvidhan Gaurav Abhiyan programme.
Minister Sekarbabu praises Tamil Nadu Eyal Isai Nataka Mandram for supporting folk art, honored vocalists at Pongal celebrations.
Urban mobility expert pushes for passing the Active Mobility Bill in Karnataka to prioritize cyclist and pedestrian safety.
Congress in Delhi focuses on 20 seats, candidate-centric campaign for Assembly polls, aiming to repeat 2013 performance.
Eastern Naval Command celebrates Ninth Armed Forces Veterans Day with parade, support services, and dedication to retired personnel welfare.
Experience the unique blend of tradition and innovation in Sanjay Subrahmanyan's Carnatic music concerts at Tamil Isai Sangam.
Jaishankar criticizes Pakistan for supporting terrorism, emphasizes India's need to prepare for China's growing capabilities.
Major setback for CPI (Maoist) as Telangana State committee secretary Bade Chokka Rao is killed in Chhattisgarh forest.
Dissent within Karnataka BJP escalates as leaders criticize incumbent party chief Vijayendra, calling for transparent elections.
Explore the enduring cultural bond between Tamil Nadu and Kashi at the Kashi Tamil Sangamam 3.0 event in IIT-Madras.
In a video, veteran star Rajinikanth opened up on his days at APS Public School and College and how the institution inspired him to become an actor
‘Swachh Andhra - Swachh Diwas’ is an attempt to keep towns, villages clean, says Chief Secretary. The State government has planned 10 programmes for proper management of waste, says Vijayanand.
55 nominations accepted, 3 rejected for Erode (East) Assembly byelection; major parties boycott; scrutiny process completed; symbol allocation pending.
APTDC Chairman Balaji reviews slow tourism development progress, suspends construction work, and emphasizes government's commitment to sector growth.
Expect meaningful progress on the India-EU FTA in 2025 as leaders aim to strengthen ties and boost trade relations.
Kites of different hues and shapes adorned the sky at Tannirbhavi beach as the two-day ONGC-MRPL Mangaluru International Kite Festival began on Saturday.