| All-party meet asks RINL to scrap MoU by nikhilndls on 31 December, 2012 - 09:00 AM | ||
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 nikhilndls | All-party meet asks RINL to scrap MoU on 31 December, 2012 - 09:00 AM | |
An all-party meeting convened here at the CPI(M) office resolved on Sunday to launch an agitation if the management of Rashtriya Ispat Nigam Limited (RINL) did not scrap MoUs it signed with the Railways to invest Rs.1,278 crore in Uttar Pradesh and West Bengal.Barring the Congress and the BJP, all parties who deputed their representatives to the roundtable meeting strongly decried RINL management for yielding to political pressure to invest Rs.1,000-crore in forged wheel factory at Rae Bareli and Rs.278-crore in axle plant at New Jalpaiguri.“The decisions will not benefit Andhra Pradesh, in which Visakhapatnam Steel Plant, owned by RINL, was set up as a result of ‘Visakha Ukku Andhrula Hakku’ agitation,” a resolution adopted at the meeting declared.The meeting decided to submit representations to Union Minister of State for Commerce and Industry D. Purandeswari and District Collector V. Seshadri. If there is no action within a reasonable time, a dharna will be organised at the Collectorate.Those who attended the meeting included TDP district coordination committee secretary P.S. Naidu, YSR Congress Party leaders Pakki Diwakar, Narayana Eswara Rao, CPI district executive member B. Venkata Rao, Greater Visakha unit joint secretary K. Satya Anjaneyulu, Lok Satta city president K. Suresh, CPI(M) district secretary Ch. Narsinga Rao, city secretariat member V.S. Padmanabha Raju and city secretary B. Ganga Rao. Stating that RINL was the largest public sector industry located in Andhra Pradesh, they said instead of yielding to political pressures, RINL should strive to create job opportunities and ancillaries in the region. They said there was an attempt to weaken RINL and cited how RINL invested Rs.350 crore in Orissa Mineral Development Corporation long ago without being able to get a single tonne of iron ore. | ||