HYDERABAD: Former Union minister Suresh Prabhu, a Rajya Sabha member, clarified that the steel plant would remain in Vizag and privatisation meant that the government will transfer shares to private stakeholders, as had happened earlier also.
Addressing a press conference at the BJP state office here on Friday, he said that several leaders sacrificed their lives for establishment of the steel plant in Vizag and it would continue to remain there.
He said that he was like a cousin to Telugu people as he was sent to the Rajya Sabha from Andhra Pradesh. The Union government has announced Vizag as an administration zone and MPs were looking at it.
He praised the Union Budget 2021-22 and expressed hope that this would help accomplish double-digit growth rate.
He recalled the trouble caused by Covid-19. He said the Coronavirus pandemic had an impact on the economies of the EU, Germany, UK and France. The growth rate has also slowed down. He hopes that this budget…