Centre does U-turn on disinvestment of Vizag Steel Plant
The Statesman|April 15, 2023
The Ministry of steel today clarified that there is no freeze on the disinvestment process of Rashtriya Ispat Nigam Limited (RINL) the corporate entity of Vizag Steel Plant.
Centre does U-turn on disinvestment of Vizag Steel Plant

The announcement came a day after the Union minister of state for steel Faggan Singh Kulaste said Centre has no intention of privatising it at the moment and instead it will work to strengthen the only steel plant in the country on the shore.

However, in a statement released through the Press Information Bureau (PIB) the ministry announced, "There is no freeze on the disinvestment process of RINL."

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