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NEWSNOTES
Privatisation of Steel Plants

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sham, says the left
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P announced a long campaign  against demolition
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ight against feulords and MNCs onslaught
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ttack on Innocent
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wo major steel plants
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ew Capital Complex

From India News Network(INN)

Government of India has decided to privatise two major steel plants in India. These are the Salem Steel Plant and Alloy Steel Plant. In view of the fact that the Salem Steel Plant rolls the ingots produced in Alloy Steel Plant the privatsiation of former will ultimately lead to the closure of Alloy Steel Plant. The government has further decided to privatise power plants of three major steel plants, fertiliser plant in Rourkela and the Oxygen plant in Bhilai. All these are having serious fall outs in the development process and destabilise economies of number of states. But in no case government has discussed the matter with the concerned state government. All the more surprising is the fact that neither the Steel ministry nor the government of India has informed the Standing Committee about such a vital decision. It is being speculated that this decision is taken in pursuance of the recommendation of a consultant based in America known as M/s Mecenzy. Unfortunately, the government has not circulated the reports of the consultant too. CPI(M) MP Jiban Roy has lodged a strong protest against this move.





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Ganashakti Newsmagazine
74A Acharya Jagadish Chandra Bose Road
Kolkata,India 700016

email: mail@ganashakti.co.in
Tel: 91-33-2227-8950 Fax: 91-33-2227-6263/8090

©Ganashakti, Reproduction in any form without permission prohibited

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