chandrababu-naidu-ys-jagan

Reports are emerging that the Central Government had agreed to drop Vizag Steel Plant Privatization plans and is also going to announce a bailout package.

Sources say that the central government has decided to provide Rs. 17,000 crore as working capital to the steel plant.

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An official announcement to this effect will be made soon. This will be the biggest victory for Chandrababu’s Government already.

In the previous regime, Jagan did nothing to stop privatization except write a couple of formal letters.

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It is clear that the alliance played a crucial role in making it happen.

Jagan Mohan Reddy brought the concept of Vizag as the Executive Capital to decimate Amaravati. He used to display lots of fake love towards Vishakapatnam but did nothing to improve Port City’s development.

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We have seen him drive away some companies like Franklin Templeton, Lulu Mall, Adani Data Center, etc from the city just to erase Chandrababu Naidu’s mark on the city.

Furthermore, Vishakhapatnam used to be in the news for all sorts of wrong reasons like land-grabbing, mortgage of Government assets, etc.

We saw Jagan himself going after the Ramanaidu Studio lands.

We also saw the then-government shaving off Rushikonda Hill and constructing a Palace for Jagan’s wife. The Palace constructed with 500 Crore of Public money is now lying vacant.

In short, Vizag became a hub for all sorts of nefarious activities in the garb of the namesake Executive Capital.

But the people of Vizag voted wisely and rejected the YSR Congress completely.

YSR Congress drew a blank in the entire Vishakapatnam district in the recent elections. The party’s candidates lost with massive majorities in the four constituencies covering Vizag City. TDP also won the Vishakapatnam Parliament with a massive margin.

This achievement of the Chandrababu Naidu Government will further seal the fate of the YSR Congress completely in Vizag.