Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday said that the issue of privatising the Vizag Steel Plant will no longer arise as the Centre has approved financial support of Rs 11,440 crore. Addressing a press conference in Undavalli, Naidu stated that everyone must work hard and utilise taxpayers' funds efficiently to revive the steel plant. Budget with ETIndia's Rs 3 lakh crore cheque to be railways' game-changing modern ticket for youHow India could cement the foundation for a stronger housing marketUnion Budget 2025's tax dilemma and expectations for Viksit Bharat "With the revival package in place, the problem of steel plant privatisation will no longer exist. This is taxpayers' money, and we need to use it responsibly," he said. The CM urged the Centre to immediately appoint a professional management team and bring in a capable CEO to run the plant effectively. He also mentioned that the state government would collaborate with the National Mineral Development Corporation (NMDC) to procure iron ore and other raw materials. Promising to transform VSP into a strong organisation, Naidu highlighted the plant's valuable 20,000-acre land bank, which is unmatched by any other steel plant in India. Artificial Intelligence(AI)Java Programming with ChatGPT: Learn using Generative AIBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Artificial Intelligence(AI)Basics of Generative AI: Unveiling Tomorrows InnovationsBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Artificial Intelligence(AI)Generative AI for Dynamic Java Web Applications with ChatGPTBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Artificial Intelligence(AI)Mastering C++ Fundamentals with Generative AI: A Hands-OnBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Artificial Intelligence(AI)Master in Python Language Quickly Using the ChatGPT Open AIBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program MarketingPerformance Marketing for eCommerce BrandsBy - Zafer Mukeri, Founder- Inara MarketersView Program Office ProductivityZero to Hero in Microsoft Excel: Complete Excel guide 2024By - Metla Sudha Sekhar, IT Specialist and DeveloperView Program FinanceA2Z Of MoneyBy - elearnmarkets, Financial Education by StockEdgeView Program MarketingModern Marketing Masterclass by Seth GodinBy - Seth Godin, Former dot com Business Executive and Best Selling AuthorView Program AstrologyVastu Shastra CourseBy - Sachenkumar Rai, Vastu ShashtriView Program StrategySuccession Planning MasterclassBy - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd.View Program Data ScienceSQL for Data Science along with Data Analytics and Data VisualizationBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Artificial Intelligence(AI)AI and Analytics based Business StrategyBy - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCIView Program Web DevelopmentA Comprehensive ASP.NET Core MVC 6 Project Guide for 2024By - Metla Sudha Sekhar, IT Specialist and DeveloperView Program MarketingDigital Marketing Masterclass by Pam MooreBy - Pam Moore, Digital Transformation and Social Media ExpertView Program Artificial Intelligence(AI)AI-Powered Python Mastery with Tabnine: Boost Your Coding SkillsBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Office ProductivityMastering Microsoft Office: Word, Excel, PowerPoint, and 365By - Metla Sudha Sekhar, IT Specialist and DeveloperView Program MarketingDigital marketing - Wordpress Website DevelopmentBy - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expertView Program Office ProductivityMastering Google Sheets: Unleash the Power of Excel and Advance AnalysisBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Web DevelopmentMastering Full Stack Development: From Frontend to Backend ExcellenceBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program FinanceFinancial Literacy i.e Lets Crack the Billionaire CodeBy - CA Rahul Gupta, CA with 10+ years of experience and Accounting EducatorView Program Data ScienceSQL Server Bootcamp 2024: Transform from Beginner to ProBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program "We must revive VSP and demonstrate that the Centre's decision was the right one. I appeal to the workers to come forward and support this effort," he added. The chief minister pointed out that the TDP-led NDA government is fulfilling its election promises, citing the Rs 15,000 crore allocation for Amaravati's greenfield capital and the Rs 12,157 crore sanctioned for the Polavaram Project as examples. He further noted that the NDA government had provided land for the Visakhapatnam railway zone and attracted Rs 4 lakh crore in investments within seven months. Naidu also emphasised the government's commitment to the North Andhra region, highlighting upcoming projects such as the Google data centre, the ArcelorMittal steel plant, and others, which will merge Anakapalli with the port city of Vizag. The CM mentioned that a 14 MT ArcelorMittal steel plant near Anakapalli, involving an investment of Rs 1.7 lakh crore, is in progress. He stated that raw materials would be transported via slurry pipelines from Nakkapalli in the first phase. According to Naidu, the Centre has agreed to supply 7 MT of iron ore, with the deal expected to be formalised soon. Work on the project is also set to begin shortly. Naidu thanked Prime Minister Narendra Modi for fulfilling the NDA's promises and extending cooperation in various ways. (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
