The public sector undertaking Salem Steel Plant (SSP) was running successfully for decades.
The public sector undertaking Salem Steel Plant (SSP) was running successfully for decades. The high-quality stainless steel products made at the unit range from household utensils to even the parts used in the recent Chandrayaan project. But for the past few years, the unit is making losses due to the lack of support from the Modi government and their policy paralysis. “Rather than trying to make this people’s asset a successful PSU, the government is fastening the process to sell it, favoring the corporates, ” said Suresh Kumar, general secretary of Salem Steel Plant Employees’ Union, while speaking to NewsClick.
Courtesy: News Click