Develop Visakhapatnam as a financial capital
Develop Visakhapatnam as a financial capital.
Telugu Desam Party · Andhra Pradesh Assembly Election 2024
Last updated 13 Jun 2026
“Protect the Visakhapatnam Steel Plant.”
Protected: the Union Cabinet approved a Rs 11,440 crore revival package for RINL / Visakhapatnam Steel Plant in January 2025 (Rs 10,300 crore fresh equity plus Rs 1,140 crore working-capital conversion), averting privatisation; RINL returned to profit (Rs 54 crore in January 2026). Long-term sustainability (captive iron-ore mines) remains debated.
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Develop Visakhapatnam as a financial capital.
Immediately set up a High Court bench in Kurnool.
Establish a railway zone headquartered at Visakhapatnam and allocate suitable land immediately to realize it.

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