PM Modi: Visakha Steel Plant has a special place in the hearts of the people of AP, Prime Minister Modi’s reaction on the financial package.

PM Modi on Vizag Steel Plant: Employees, workers and political parties have been struggling for several days against the privatization of the Visakha Steel Plant, established through many struggles, with the slogan ‘Vishakha Steel-Andhra’s rights’. The coalition parties promised to stop privatization of steel plants if voted to power. In this background, the NDA government at the Center took an important decision for the steel plant. Central government will renovate Visakha Steel Plant. It has been decided to provide financial assistance of Rs 11,440 crore. The Union Cabinet approved this decision.

“Vishakhapatnam Steel Plant holds a special place in the hearts of the people of Andhra Pradesh. In yesterday’s Cabinet meeting, we decided to provide equity support of over Rs 10,000 crore for this plant. In building a self-reliant India, we have contributed significantly to the steel sector. Understanding the importance of this, this decision has been taken”- Prime Minister Modi

Union Minister Kumaraswamy said that the aim of the Center is to make Visakha Steel Plant profitable. In the next two to three years the steel plant will be made the number one plant in the country. He said that now there is no question of privatization of steel plant. The Union Minister announced that the Rs 11,440 crore package announced today is the first and more financial assistance will be announced in the future.

“The people of Andhra Pradesh have won. Today, my heart is full of gratitude. I thank the people of the state for blessing us to serve the TDP-JSP-BJP alliance. We have won in the reconstruction of the state. Thanks to Prime Minister Modi, Union Home Minister Amit Shah and JP Nadda for this success, I think this victory is due to the dedication of our leaders and workers. result of Who have faced all the obstacles bravely. I congratulate Prime Minister Modi for his unwavering support. I assure you that this will be a contribution to the Prime Minister as part of a developed India. Nation building and vision of Minister Modi.

Special thanks to Finance Minister Nirmala Sitharaman and Union Steel Minister HD Kumaraswamy for their support and positive feedback. Vizag Steel Plant is more than a factory – it stands as a monument to the struggle and spirit of the people of Andhra Pradesh. It holds a special place in everyone’s hearts, especially the hearts of the people of Vizag. This is not just an electoral guarantee. Good days are about to come for Andhra Pradesh”- CM Chandrababu

“Vishakha Steel is Andhra’s right and the steel plant that Andhra had fought for was going to be privatized and the Center said it is okay to sell it for just Rs 7000 crore. Jagan & Co. is planning to sell the steel plant land. Have planned.” But Visakha Steel is against it and Chandrababu won the revival package of Rs 11,440 crore,” he tweeted.