Chief Minister Kiran Kumar Reddy criticized Telangana Rashtra Samiti and other parties who ever has been objecting for handing over Bayyaram mines to Rashtriya Ispat Nigam Limited (RINL) that is running Visakha Steel Plant at Visakhapatnam. Protesters contention is that the resources in Telangana will be looted by Andhra People. TRS leader Harish Rao went to the extent of telling that he will sacrifice his life but will never allow the riches of the Telangana region to go out of Telangana.
While starting Amma Hastam program at Vepagunta in Visakhapatnam, Kiran Kumar Reddy reminded that the mines were given to individuals were not objected in the past but re allotting them to a Central Govt Undertaking is objected with poor vision. He said that 4000 people will get employment opportuninties from Telangana region because of it for which TRS is objecting. He also said that an ancillary unit with an investment of 1000 crores of Rupees is part of the agreement with RINL
RINL, as Kiran Kumar Reddy said, is going to further invest a sum of Rs.42000 crores of Rupees to increase its capacity which also gives employment opportunity to 25000 people.