Vijayawada: The Andhra Pradesh High Court on Thursday served notices to the Central government to file its response within four weeks on its decision to privatise Visakhapatnam Steel Plant (VSP).
A division bench comprising Justice Joymalya Bagchi and Justice Ganga Rao heard a petition filed by a retired IPS officer, V.V. Lakshmi Narayana, challenging the Union Cabinet’s decision on divesting its stake in VSP.
Petitioner’s counsel Adi Narayana Rao argued that the decision to privatise VSP was taken by the Cabinet Committee on Economic Affairs without taking into consideration various alternatives available to turn around VSP as suggested by both the state government and the petitioner and that no discussion was taken up on the criteria for selecting public sector entities for privatisation.
Counsel informed the court that the plant was having the latest infrastructure and the right to life of thousands of farmers, who parted with their lands for setting up the…
