Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
The Human Rights Forum (HRF) has strongly criticized the government’s fresh efforts to privatize the Visakhapatnam Steel Plant (VSP). The Forum expressed serious concerns over the invitation of Expressions of Interest (EoI) for outsourcing 34 core departments, including blast furnaces, slag granulation, mines, and water systems.
HRF called the move a systematic attempt to dismantle the public-sector identity of VSP and hand over vital operations to private entities under the guise of outsourcing. The organization warned that such actions not only endanger worker safety especially in hazardous departments but also sideline labor laws and dilute accountability.
Labeling the initiative as a “form of plunder,” HRF highlighted the dangers of unregulated privatization, where profits take precedence over public interest. The Forum demanded a complete rollback of the privatization process, reinstatement of affected workers, and meaningful dialogue with employee unions.
HRF also urged both the central and Andhra Pradesh governments to affirm their commitment to keeping VSP under public ownership, emphasizing the plant’s strategic and economic significance to the region.
Also Read : Finance Ministry to taper steel safeguard duties over three years Supreme Court Upholds Karnataka’s ₹128 Crore Forfeiture of JSW Steel Performance Securities
The Mangaluru City Corporation (MCC) will shortly provide an action plan outlining how it will use t...
Announcement 19-Feb-2024
The Steel Ministry's quality control orders (QCOs) have not applied to inputs used in products inten...
Announcement 13-Mar-2024
On May 16, nearly all metal stocks traded in the green extending gains for the fifth session in a ro...
Business 16-May-2024
According to the US Department of Commerce a preliminary determination that aluminum extrusions from...
Non-Ferrous 14-May-2024
The Union Cabinet has given the green light for the next round of spectrum sales, with airwaves valu...
Announcement 09-Feb-2024
European recycling and environmental organizations are calling for stricter standards governing gree...
Europe 16-Jun-2026