Visakhapatnam: Senior BJP leader and MLC PVN Madhav said on Sunday that the state unit of the party would strongly oppose any blanket privatisation of public sector units in Visakhapatnam.
Addressing the media here along with the BJP national general secretary Daggubati Purendeswari, Madhav said Visakhapatnam grew up with the PSUs and the “local people are emotionally attached to these industries.”
He reminded the people that it was the BJP that had prevented privatization of Hindustan Shipyard Ltd, which was then merged with the Defence department, the BHPV with BHEL and recently the Dredging Corporation of India with the Visakhapatnam Port Trust.
Madhav said the central leadership of the BJP has been making a review of performance of the loss-making and profit-recording PSUs and aiming to propose a strategic merger as was done with the loss-making banks.
“The state BJP is opposing the decision taken by the Union Cabinet Committee on Economic Affairs on the…
