Sale of Gangavaram port detrimental to State: CPI(M)
The Hindu
It will have economic, social and security consequences, says Narasinga Rao
The CPI(M) has strongly condemned the sale of Gangavaram Port Limited to the Adani group for ₹644 crore. This will affect the interests of Visakhapatnam Steel Plant and Andhra Pradesh adversely, said CPI(M) State secretariat member Ch. Narasinga Rao. The BJP-led Union government had forced the State government to sell off its shares to the Adani group, he alleged. Earlier, the Krishnapatnam port also was forcibly acquired from Navayuga Company, he alleged.
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