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Protect steel industry from crisis: CITU
The 15th All India CITU Conference being conducted in Puri, (Odisha) has unanimously passed the resolution introduced by J Ayodhyaram of Steel Plant Employees’ Union appealing to the Central and State governments to protect the steel industry, which has been facing a rough weather in the recent past.
Visakhapatnam: The 15th All India CITU Conference being conducted in Puri, (Odisha) has unanimously passed the resolution introduced by J Ayodhyaram of Steel Plant Employees’ Union appealing to the Central and State governments to protect the steel industry, which has been facing a rough weather in the recent past.
Narrating reasons behind the steel industry crisis, Ayodhyaram informed the meeting that India was importing steel from China, Japan and Russia on a large scale and the Central government was not imposing any import duty.
He said though there was a good demand for the steel, made in the country, it was not being utilised. He demanded the Centre to impose import duty.
“The Centre is trying to handover the steel industries of Selam and Bhadravathi to corporates besides disinvestment in Vizag Steel Plant,” he accused and threatened that the unions would agitate against the move.
