Hyderabad: Minister of state for finance Anurag Thakur on Saturday strongly defended the disinvestment proposal of Rashtriya Ispat Nigam Limited (RINL) which owns the Visakhapatnam Steel Plant (VSP). Disinvestment was in the interests of the company and the employees, he said.
Speaking to the media here at the BJP office, Thakur termed the ongoing agitations in Andhra Pradesh against disinvestment in VSP as “politically motivated” and “artificial”.
Thakur said the Centre will decide on divesting stakes of public sector enterprises from time to time, based on the recommendation of Niti Aayog.
“Opposition parties and a few vested interests are trying to inflame regional emotions in AP under the guise of opposing RINL disinvestment. These politically motivated and artificial agitations will not last long,” the minister said.
“We will hold consultations with all RINL stakeholders before disinvestment which is being done in the interests of the company as well…