Telugu Desam Party MLA Ganta Srinivasa Rao resigns from the party over the privatisation of Vizag Steel plant. CCEA on 27th Jan 2021 has given in principle approval for 100% strategic disinvestment of GOI shareholding in RINL along with management control by way of privatization.
Many employees led by the joint action committee (JAC) took out a two-wheeler rally from Visakhapatnam Steel Plant gate at Kurmannapalem to Gandhi Statue at GVMC office on Friday to stage a protest against disinvestment of RINL. All trade unions and political parties except BJP particiapted in the sit-in.
PVN Madhav also wrote that, "Met Finance Minister Smt. Nirmala Sitaraman along with Shri G. Kishan Reddy MOS Home, Shri CM Ramesh, MP-RS and Shri. Sunil Deodhar Ji National Secretary and AP BJP incharge to look for alternatives to save Visakhapatnam Steel Plant RINL. Visakhapatnam Steel Plant came into existence with a long struggle and sacrifice of many. "Visakha ukku Andhrula Hakku". We are putting all our efforts to save the plant and we will not let anyone down."