Centre once again says no going back on VSP privatisation
The Central government once again made it clear that they will go ahead with the disinvestment in the Visakhapatnam Steel Plant (VSP). Responding to a RTI query, NITI Aayog has refused to reveal details of privatisation of the RINL and also its recommendations regarding the sale of majority stake in non-performing PSUs. The policy commission mentioned that revealing the details about the privatisation will affect competitiveness between bidders. The Centre included information on VSP disinvestment in the commercial secrets list. Meanwhile, trade unions, Visakha Ukku Parirakshana Porata Committee, and people’s organisations gave statewide bandh call on March 5.