Discussion on Visakhapatnam Steel Plant
Resolution for resolution in the Assembly
Approval for implementation of EBC Nestam scheme
AMRAVATI: The AP cabinet headed by CM Jagan has taken key decisions. A number of proposals came up for discussion at this meeting held at the Secretariat. The issue of privatization of Visakhapatnam Steel Plant, agitations against privatization and other activities were discussed in the cabinet. The Cabinet has decided to take a resolution on this in the coming Assembly sessions.
The cabinet also approved the implementation of the EBC Nestam scheme. AMRDA has also approved a bank guarantee of Rs 3,000 crore. Cabinet members gave green light to the selection of a partner company for the construction of the YSR Steel Plant. Compensation for Kakinada SEZ lands has been finalized. The committee decided to give more than the suggested compensation. The Navratna implementation calendar was also approved at the Cabinet meeting.
The meeting also discussed land allotments for two industrial parks in Kadapa district. A mega industrial park of 598.59 acres has been proposed in Kopparthi and another industrial park of 93.99 acres in Ambapuram. The issue of allotment of land free of cost to these two industrial parks was discussed. The cabinet also discussed the allocation of free land to APIIC and the allocation of 3,148 acres to the Kadapa steel plant. He proposed to sell the acre at Rs 1.65 lakh.
In East Godavari district, it is proposed to allot 165 acres of land to AP Maritime Board at the rate of Rs. 25 lakh per acre. It is learned that 23 key issues were discussed during the meeting along with the conduct of the budget meetings of the Legislature.
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