Centre Shows It Has Very Little Value for VSP Or Its Properties
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Follow us on: @TheDailyPioneer facebook.com/dailypioneer RNI No. TELENG/2018/76469 Established 1864 SPORTS 11 Published From ANALYSIS 7 MONEY 8 HYDERABAD DELHI LUCKNOW FOR LASTING PEACE, SIGN SENSEX JUMPS 254 POINTS; ENG SERIES NOT REHEARSAL BHOPAL RAIPUR CHANDIGARH ON THE DOTTED LINE PHARMA, IT STOCKS DRIVE GAINS FOR T20 WC: ROHIT BHUBANESWAR RANCHI DEHRADUN VIJAYAWADA *LATE CITY VOL. 3 ISSUE 118 VIJAYAWADA, THURSDAY MARCH 11, 2021; PAGES 12 `3 *Air Surcharge Extra if Applicable ‘JATHI RATNALU IS AN OUT-AND- OUT COMEDY ENTERTAINER' { Page 12 } www.dailypioneer.com PC CHACKO QUITS CONGRESS AHEAD OF DAY AFTER FILING GANG-RAPE CASE, UP AFTER BUDGET, INVESTORS WITHDREW MUMBAI COP REMOVED IN AMBANI KERALA ASSEMBLY POLLS, CITES GROUPISM GIRL'S FATHER DIES IN ROAD ACCIDENT `17,220CR FROM STOCK, BOND MARKETS SECURITY SCARE CASE ongress veteran PC Chacko quit the party wo days after a 13-year-old girl was allegedly nvestors withdrew `17,220 crore ($2.5 billion) aharashtra Home Minister Anil today complaining that there was "no gangraped by three men in her village in from the Indian stock market and company Deshmukh on Wednesday Cdemocracy left" in the Congress and TUttar Pradesh's Kanpur, her father died Idebt mutual funds in February as concerns Mannounced the removal of not sparing the "high command" in his this morning in a road accident outside a mounted about the sustainability of returns. Mumbai police officer Sachin Vaze recriminations. "There is no Congress hospital where she was taken for a medical Corporate bonds saw the biggest outflows from the Crime Intelligence Unit till party in Kerala as such," just two factions checkup. The father of the two of the in about two years after the government last the inquiry into the mysterious of the party, he said. But he firmly accused - Deepu Yadav and Saurabh Yadav- month announced a bigger-than-expected death of automobile parts dealer dismissed speculation about joining the in the gang-rape case works as a sub- borrowing plan in its budget, triggering a Mansukh Hiran is not completed. BJP. His abrupt resignation comes as a inspector with UP Police in the Kannauj spike in yields. Equity indexes, which benefit While making the announcement in shock for the Congress in Kerala just days district, about 100 km from Kanpur. While a third from a stimulus, surged to a fresh record, the Legislative Council, Deshmukh said before the April 6 state polls. He announced to the accused, Golu Yadav has been arrested, serious prompting local investors to book profits."The period the state government will conduct an media in Delhi that he had been considering the move for several allegations have been levelled by the girl's family against the police of unusual returns is getting over," said Vidya Bala, co-founder at impartial probe into the death of Hiran. "Police officer Sachin days. No self-respecting politician could survive in the Congress saying the family of the accused had been threatening them ever Chennai-based research firm Primeinvestor.in. "Also, many investors Vaze will be removed from his current posting in the crime in Kerala, he said in a series of truth bombs for his party. since the gangrape case was filed, and "police is complicit". could be waiting it out till the interest rate environment settles." branch till the investigation is not completed,” he said. Centre shows it has very little value for VSP or its properties n RINL's combined asset value calculated by Centre to be merely Rs 32,022.32 crore n Market estimates put value of just unused RINL land into a few lakh-crore Will the Sustainable SNV SUDHIR State Election Commissioner Nimmagadda Ramesh Kumar interacts with elderly voters n Development dream VIJAYAWADA during his inspection tour of various polling booths in Vijayawada on Wednesday. ever be realised with Subramanian Confounding all calculations and current practices? estimates, the Central government has Swamy: Decision to calculated the value of the total assets of the state-run Navaratna steelmak- sell VSP is unwise Over 65 pc cast vote er, Visakhapatnam Steel Plant, at Rs 2 32,022.32 crore. CPRADEEP KUMAR Union Steel Minister Dharmendra n VIJAYAWADA Pradhan told the Lok Sabha on in civic body polls Monday that Gross Block of Property, Known for trudging his own Plant and Equipment, intangible assets path, senior politician and BJP PNS n VIJAYAWADA of RINL are valued at Rs 32,022.32 MP Subramanian Swamy did crore. He also said that the Centre's not disappoint on Wednesday, Over 65 per cent of polling was equity share capital in RINL as on making it known that he was reported in the elections to urban December 2020 stood at Rs 4,889.85 against the decision of the local bodies in Andhra Pradesh on crore. Central Government, led by his Wednesday, which saw some inci- The shockingly low figure comes at own party, to privatise the dents of violence, State Election a time protests continue to rage over Telangana to back VSP 2.0 stir to the hilt Visakha Steel Plant. Commission sources said. the proposed disinvestment of VSP. The MP said that privatisa- Except for stray incidents, The calculation has also ignited anoth- PNS n HYDERABAD Addressing an election tion of the VSP was not a wise polling passed off peacefully, DGP er row over the value of thousands of meeting at Necklace Road decision taken by the Centre Gautam Sawang said. Compared to acres of unutilised land lying with Throwing Telangana's weight here, KTR offered to "fight and emphasised that he was the previous civic polls, violence RINL, the corporate entity of VSP. behind the snowballing move- against the Visakha Steel Plant against it. He also expressed his was less this time, he said in a state- It is public knowledge that the VSP ment in Andhra Pradesh issue". He alleged that the discomfiture at the steep hike in ment. has around 19,700 acres of unused against the Centre's decision to Centre had been privatizing fuel prices, saying that it was Elections were held for 12 Dhinakaran-led AMMK land, and even conservative estimates privatise the Visakhapatnam the steel plant, which the undi- bad for the people. municipal corporations and 71 Governor Biswabhusan Harichandan casts releases first list of 15 put its value at a few lakh-crore of Steel Plant (VSP), TRS work- vided AP had attained after a The BJP leader met Chief municipalities and nagar panchay- his first vote in AP on Wednesday. rupees. ing president K T Rama Rao prolonged public movement Minister YS Jaganmohan Reddy ats in the state. candidates For instance RINL expected to gar- on Wednesday pledged the charged with the slogan: at his camp office and later The ruling YSR Congress has ner Rs 1,000 crore from the sale of just unstinted support of the TRS 'Visakha Ukku- Andhrula reminded the media that he was already bagged the Pulivendula 22.19 acres located in the heart of Vizag government to agitating VSP Hakku'. also against withdrawing invest- (the Chief Minister's home con- Vizagites line up at city for which it has signed an agree- employees and restive people 2 ments to Air India. stituency), Punganuru, Piduguralla 5 ment with state-run construction of Andhra Pradesh. 2 and Macherla municipalities booths holding key company NBCC. "unopposed". The remaining part of the 19,700 an acre of land in and around VSP Chief Minister YS Jaganmohan value of the unused land lying with Counting of votes will be taken to city's future acres may not be as valuable as these fetches anywhere between Rs 1 crore Reddy had in an earlier occasion had RINL as close to Rs 1 lakh-crore. up on March 14. 22 acres, but it can be safe to say that to 2 crore. reiterated the same and also pegged the 2 Governor Biswabhusan SUMIT ONKA Harichandan and First Lady n VISAKHAPATNAM Suprava Harichandan exercised their franchise in the CVR High Realising fully well that this Poor planning by School polling station in elections, they literally hold the Centre says AP got Vijayawada. This was the first key to the city's future, residents TDP hit Polavaram time they voted in AP. living in limits of the Greater Jana Sena president Pawan Kal- Visakhapatnam Municipal works: YSRCP yan cast his vote in the Patamata Corporation lined up in front of highest allocations ZP School in Vijayawada. Deputy polling booths on Wednesday. PNS n VIJAYAWADA Chief Minister (Health) Alla Kali Their eagerness was partly to Krishna Srinivas was left disap- do with the fact that the GVMC Minister for Water Resources P pointed as his name was not found was going to polls after over a under PMAY Anil Kumar Yadav on Wednesday in the voters' list in Eluru city. He decade. PNS n VIJAYAWADA es for which Rs 15,128 crore has stated that the diaphragm wall of had to return without exercising Voters realised that all eyes are been released. AP has greater the Polavaram project was dam- his franchise. on three major Corporations - Andhra Pradesh has received the allocations but UP's perform- aged due to poor planning dur- Complaints about missing Guntur, Vijayawada and Visakh- Only half of slum Chiru backs protest highest PMAY allocations for ance has been better, he said. ing the previous TDP names in the voters lists came in apatnam - as the outcome in any state in the country with The reply shows how AP has Government. from various places and in many these civic bodies will be seen as households use LPG against sale of VSP Central assistance of Rs 30,731 already got sanction of Rs 22,650 Addressing a press conference cases the voters found the polling a virtual referendum on the crore.