There has been a demand from the people of Kadapa district that a steel plant should be set up. Central governemnt has already promised a steel plant to Kadapa but they have not fulfilled their promise. Several protests are staged for the realisation of Kadapa Steel Plant but the central government didn’t respond on the issue.
But AP Cabinet has sanctioned the steel plant to Kadapa. The cabinet headed by AP CM Nara Chandrababu Naidu has taken this decision. The steel plant would be constructed with an estimated expenditure of Rs. 18,000 crores. The cabinet has decided the the groundbreaking ceremony will be held within a month’s time. The cabinet also decided to constitute Rayalaseema Steel Corporation and Donakonda Mega Industrial Hub.
The cabinet also discussed on the possibility of setting up a port at Ramayapatnam. Chandrababu said that the central governemnt is showing partiality towards AP. He said that AP government has requested the central government Rs.1,200 crores aid for the Titli cyclone affeted areas. Titli has caused a loss of around Rs.3600 crores but the central government has given only Rs.229 crores. Chandrababu is planning to write a letter to central home minsiter regarding the same.