Visakhapatnam: Andhra Pradesh TDP president K. Atchannaidu slammed the ruling YSCRP for 'destroying' industries like the Visakhha Steel Plant (VSP) and for 'preventing' new investments and companies from entering the state in the past 20 months.

Atchannaidu said that he suspects a huge conspiracy on the part of the ruling party leaders to steal the multi-crore properties of the steel plant. Even under the threat of privatisation chief minister Y.S. Jaganmohan Reddy has not spoken about this topic till now, he said.

Along with the TDP leaders, Atchannaidu expressed solidarity with Gajuwaka ex MLA Palla Srinivasa Rao who was on hunger strike outside the steel plant premises in Vizag by visiting him. The opposition leaders came in large numbers to support the demand for stalling the sale of the steel plant.

Atchannaidu asserted that shifting of executive capital to the port city was obviously not aimed at the development of Vizag but it was part of a larger conspiracy to loot the industries and public assets there. The properties of the VSP were valued at over Rs 3 lakh crore in the open market. The chief minister should clarify to the public whether or not he had met and held discussions with the representatives of the Posco company, he said.

The TDP leader criticised the ruling party leaders for creating terror in the State to the extent that the companies were not coming forward to invest. Even the proposed industries like the multi-crore accessories units for Kia Motors have shifted to other states, he said.

Accusing the ruling party of playing a double role, Atchannaidu said that Jagan was mortgaging the development of the state for the sake of his personal and selfish agenda. He said the CM's letter to the Prime Minister is not enough and it is his duty to bring pressure on the Centre to stop the VSP privatisation plan. The ruling party MPs have failed to rise to the occasion to save the steel plant, he said.

The TDP leader said that it is deplorable that the ruling party's failures have made it necessary for the people to start another agitation to protect the VSP. The workers should not fall into the trap of the ministers and the MLAs as they were the ones responsible for the present plight, he said.

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