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AP Steel plant Privatisation


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AP Steel plant Privatisation  

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1 minute ago, JANASENA said:

I did all my training and final project in Steel plant. Okkanakoduku pani cheyyaru, contractors tho mottam cheyyinchu kuntaru. podunna late ga vastharu, 11 kakundane canteen lo 2 Rs bhojanam mekki malla padukuntaru. edavalu. Chala mandi employees illu ee steel tho ne kattukunnaru vaatiki lekka dokka em levu. I think privitization can bring more profits. 

INdian corporate sector lo kooda same scene. In fact useless panulu ekkuva vuntai - boss ni lick cheyyadam. caste calculations. Properitar fake loans chesi desam 10geydem. Indian corporate sector is generally a value destroyer.

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24 minutes ago, betapilli said:

Captive mines ivvakunda nalugu yellu losses chupinchi ammeyali ante, danini privatization anaru, corruption antaaru. 

Management atla vundi mari, captive mines ivala gurtochinda ? This is how it works with PSU’s, they are bound by the political interests. Captive mines epudu lekunde yet they invested heavily in plant modernization. 
 

A modern steel plant woes don’t end with captive mines, the problem is management. They can’t even raise proper capital on its own to finance their operations. 

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25 minutes ago, betapilli said:

They do the same kind of metallurgy that VSP does, none of the research happens there, most of it happens in DMRL and ARC across the street from Midhani. Midhani lo most of it is production, not research. Shouldn't be an issue to privatize it in terms of defence interests. 

Defence lo private participation vuntadi kani 100% stake sale or 1% stake sale lantivi vundavu, commercial kadu avi. They don’t set up the shop and sell alloys. Defence has completely different set up from financing to operations. 
 

 

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