BJP MP Subramanian Swamy reacts on Vizag steel plant Privatization

BJP MP Subramanian Swamy passed sensational statements against his own party that he opposed the privatization of the Visakhapatnam steel plant. After meeting AP CM Ys Jagan in Amaravathi, the MP said that blind privatization of public sector companies is not a good thing.

Mr. Swamy mentioned he even opposed the Centre when Air India was given for privatization. He said the policy of privatizing everything is not acceptable. He thinks there should be sound reasons for selling shares in a company.

“I will go with CM Jagan when he meets the Prime Minister to oppose the privatization of the Visakhapatnam steel plant,” he said. He opined that the government should look at the case by case on whether it can do business.

The BJP MP also asked to make the TTD an autonomous body. He welcomed CM Jagan’s decision of auditing TTD accounts with the CAG and suggested that TTD should be run by devotees.