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Protesting Against The Decision Is to Set up a Railway Wheel Manufacturing Unit

Times of India reported that protesting against the decision of Rashtriya Ispat Nigam Ltd to set up a railway wheel manufacturing unit in Rai Bareli,the CPI(M)Visakhapatnam district committee said that it is unfair as the unit is being set up with borrowed INR 1,000 crore as the jobs would be provided to those from Rai Bareli and surrounding areas.

Members of the CPI(M)objected to the logic of setting up the unit in Rai Bareli,when RINL could have done the same in their own sprawling campus in Visakhapatnam.

Mr Narsinga Rao,district secretary,CPI(M),said that the MoU was signed by the VSP management under political pressure and said that it was not mere coincidence that the unit was being set up in Sonia Gandhi's constituency.

 

 

Source: http://www.steelguru.com/indian_news/CPI_%2528M%2529_protests_against_RINL_wheel_JV_at_Rae_Bareli/296488.html
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CPI (M) Protests Against RINL Wheel JV at Rae Bareli
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