When Rajamouli fared better than Modi – TDP MP Jayadev Galla

When Rajamouli fared better than Modi

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After Tamil Nadu politics, it’s Andhra Pradesh politics that amaze and shock us. The politicians in Andhra Pradesh work as ‘fundraisers’ (for themselves) than public servants. Given the un-scientific bifurcation of Andhra Pradesh, residual AP has been running in severe fiscal debt. With no support from the Centre, at least that’s what CM Babu & Co. are claiming, development in AP is completely paralyzed. The injustice towards Andhra Pradesh in the latest budget clearly highlights the fact of prejudice shown towards the AP.

In this context, expressing his displeasure, TDP MP Jayadev Galla came up with an astonishing analysis that not only left everyone in shock but also highlighted the pitiable position of Andhra Pradesh.

‘The allocations for AP in the state Union Budget were so poor that, they were less than Baahubali movie collections. Modi who spoke about the pride of Telugu people and NTR is indeed humiliating the same Telugu people. The Centre failed to fulfil the 19 promises made to the residuary AP during the bifurcation’, said Jayadev Galla.

Though the TDP MP made the comments in a modest manner, they were nothing short of a STEN Gun attack at the Centre.

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Rail Gun – China’s New Weapon! Threatening India? Or cautioning the US?

Rail Gun – China’s New Weapon! Threatening India? Or cautioning the US?

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The world is about to witness a major technological advancement in warfare. The Chinese who are predominantly known for their reverse-engineering technology come up with what could be a game changer at the time of conflict or war between two nations. China has reportedly developed a hypersonic ‘Rail Gun’, which is currently in the testing stage.

Upon its induction into the Chinese army, the ‘Rail Gun’ can have a drastic impact on how the war could be fought. The Rail Guns relies on EM (Electromagnetic) pulse. They have the ability to shoot down targets at 185km away.

The only obstacle that stands between reality and drawing boards of Rail Gun is the supply of power. Given their designing, and the principle on which they work, the Rail Guns literally require massive amounts of power to function. A  recent test of the Rail Gun took place in the US. The US Navy tested a 32-megajoule Rail Gun in Virginia. It fired an 8kg projectile at roughly 2000m/s.

The international analysts China is threatening India and cautioning the US with its Rail Gun. Is this development a worrying factor to India? Definitely not.

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Who is helping Kathi Mahesh from Janasena?

Who is helping Kathi Mahesh from Janasena

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The row between Kathi Mahesh and Pawan Kalyan fans became the top-selling topic for Telugu News Channels to improve their TRPs. Even the common public supported the news, who are fed up with the routine political comments amongst the TDP and YSRCP leaders in the state. With Kathi Mahesh demanding Pawan Kalyan to act responsibly, and take charge of his fans, the issue went to the next level. With TV journalists and people from film fraternity involving themselves, things were resolved in a bewildering manner.

Coming to the present, the latest tweet from Kathi Mahesh has taken everyone by surprise. Kathi Mahesh tweeted that, ‘I am extending my support to Janasena Chief Pawan Kalyan who will be fasting unto death (Amarana Niraahaara Deeksha) from February 21st at Jantar Mantar, New Delhi for Andhra Pradesh’s Special Status’.

Though this is a welcome tweet from Kathi Mahesh, the tweet has raised many concerns in Janasena party. Moreover, Pawan Kalyan has not made any kind of comments regarding the ‘Fasting unto Death’.

When contacted, Kathi Mahesh confirmed that he stated that he received the information from a trusted source.

This leaves scope for rumours to creep in, questioning the confidentiality during Janasena Party core meetings. People are raising doubts whether Kathi Mahesh is also from Janasena, and the issue is just a drama.

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Japanese Princess Marriage with common man delayed by 2 years

Japanese Princess Marriage with common man delayed by 2 years

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After the Imperial Household Agency confirmed the marriage of the Japanese Princess Mako with Komuro, a common man, the whole nation, was taken by surprise. The marriage of princess with a common man is only possible in a film. But shockingly, the royal family of Japan gave its nod for Mako’s marriage with Komuro last year. Consequently, the pre-marriage engagement function took place last year.

The marriage was scheduled to take place in November 2018. Given the delay in the arrangements, the Royal House, and the Imperial Household Agency issued a statement that ‘the proposed marriage of Princess Mako with Komuro is postponed to 2020. The delay in arrangements is the reason behind this decision’.

Similarly, the Royal family wanted to host the pre-marriage endearment function officially in March 2018. Even that event is also postponed.

Meanwhile, few sources hinted at a dispute between Komuro’s parents on financial grounds. But the Imperial House Agency re-confirmed that, those disputes are nowhere related to the decision of postponing the marriage event.

Upon marrying Komuro, Princess Mako will be losing her ‘princess’ title. In Japanese culture, after a princess marries a common man, she is bound to lose her title as the ‘princess’. Despite everything, Mako wanted to marry Komuro.

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Janasena Pawan Kalyan Press Meet – Bullets

Janasena Pawan Kalyan Press Meet 

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Janasena Chief Pawan Kalyan organized a special press meet about the ongoing tiff between the Centre and the state. Following are the excerpts from the press meet:

Prior to 2014 Polls

  • I believed Modi can do justice after he comes to power
  • Though it BJP cannot be held responsible for AP Bifurcation, I asked Modi to address it as it would be a legacy problem
  • I was very happy to see BJP mentioning the extension of Special Status to Andhra Pradesh to 10 years from 5 years in its Manifesto

After 2014 Polls

  • I told myself to be patient for the 1st year
  • Despite waiting for 18 months, nothing beneficial for AP has happened
  • The promises made by the Centre were lost in time.
  • Similarly, the notion of Special Status to Andhra Pradesh was shelved, citing the 14th Planning Commission’s reluctance against it.
  • I started the ‘Special Status’ movement from Tirupathi and Kakinada.
  • At that time, I expected some support from other parties, which I hardly had
  • During that time, to lure the people, the Centre came with the Special Package Clause

Upon Announcing Special Package

  • After the announcement of Special Package, CM Chandrababu seemed to be very contended
  • In fact, he also sang along with BJP stating, Special Package is more beneficial than Special Status itself.
  • All of a sudden the CM goes to New Delhi with a list of 17 issues, pointing that they were not a part of the Special Package but were a part of Special Status
  • There is no clarity on the claims made by the Centre and the State against each other
  • BJP claims it has given funds, while TDP refrains itself from submitting the Utilization Certificates asked by the Centre.
  • I want to clearly know how far, and in what way did BJP fulfill with what they have promised as a part of the Special Package to AP
  • To derive a clear understanding, I propose AP Joint Action Committee, much like the TJAC. Intellectuals like Undavallai Arun Kumar, Jayaprakash Narayan and others will be a part of it.
  • Every one of us is losing faith and trust in
  • Shockingly, a private agency certified that AP is highly corrupted, despite lack of financial resources
  • I deeply regret not contesting 2014 elections. Janasena could have had better voice
  • Janasena will extend its support to the statewide strike (bandh) called by the opposition parties.
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Telugu MPs stalled Parliament for the third consecutive day

Telugu MPs stalled Parliament for the third consecutive day

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The MPs are striving to prove their fighting nature to the people of Andhra Pradesh in the nation’s capital. Leaders of all parties are trying their best to stall the central houses in New Delhi.

The Telugu Desam MPs on the third day started their protest inside the Parliament demanding justice to the state. At one point in time, they also tried to disturb Modi’s thanks, speech to President as well. Its then the BJP heads called CBN and asked him to order his MPs to calm down. With the request, MPs went to their seats and Modi finished his speech. After the speech, MPs reiterated the protest which resulted in the stall of Parliament. Speaker showcased her distress on TDP MPs as they protest both inside and outside the Parliament. Coming to the Rajya Sabha, the seniormost Congress MP KVP Ramachandrayya dwelled into the well with the placard which displays Save AP. The speaker of Rajya Sabha Venkaiah Naidu got frustrated and suspended KVP out of the house for a day. Even in the Parliament, the MPs of YSRCP tried to halt the speech of Modi and they have got warned by the speaker. As no one is in a mood to pay attention to them, they boycotted Modi’s speech to show their protest.

Nothing has been achieved by the protests of MPs till now but the Modi’s speech has calmed them down temporarily. One has to wait and watch what’s inside the BJP’s kitty for AP. Sources say even CBN is ready to wage a war on BJP if they treat AP without respect.

Modi opened up on AP-budget issue, thrashed Congress

Modi opened up on AP-budget issue, thrashed Congress

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The Prime Minister of India, Narendra Modi has made some shocking comments on AP state, Telugu community, and its heritage. His speech also slammed the opposition Congress as well.

Modi in his long speech finally opened up his mouth on the burning issues of Andhra Pradesh. Despite taking about the special status, he cleverly praised Telugu people and hit Congress for its cheap treatment on AP since decades. Modi declared that the National party of Congress never respected Telugu people. They never respected Anjayya nor PV Narasimha Rao. Its then NT Rama Rao established a self-respect moment and floated TDP to wipe out Congress completely from AP. Finally, the same congress became responsible for the bifurcation of AP as well and made AP as a state without a capital. Modi went on saying that the NDA government is the only government which respected the feelings of Telugu people. Modi claimed that he is looking forward to discussing the problems with TDP to sort out all the issues to make peace between the state and center.

In this situation of TDP which is looking forward to cutting bonds with BJP, Modi’s comments for sure will leave TDP in confusion. However, Modi’s failure in answering certain questions or TDP MPs will take into account.

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TDP MLC Gali breathed his last

TDP MLC Gali breathed his last

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The TDP party has received a huge blow with the sudden demise of party’s senior leader Gali Muddu Krishnama Naidu yesterday night. All the leaders along with the party Chief Chandrababu Naidu paid their deep condolences.

Gali Muddu Krishnama Naidu who worked as a lecturer in Arts and Science has started his career as a TDP party leader in 1983. He got inspired by the call given by the demised demiGod of Telugu land NTR. Later he joined TDP and served as an MLA and later Minister. He served the party in various positions and later left the party after the era of NTR. He went to Congress and won as MP and MLA. Also, he did ministry with Congress ticket and went to the center. Later in 2008, he came back to TDP, his home party and won as an MLA in a constituency from Kadapa district. However, he got defeated by Roja in Nagari during 2014 general elections. Its then CBN felicitated the senior party leader by nominating him as MLC and sent him to the legislative council. Gaali breathed his last yesterday night and his family members state that he has been suffering from BP and high fever. Despite heavy trails by top-class doctors, Gaali failed to sustain his life.

His demise will be a big dent to TDP which is already in bad state post the budget. CBN along with his party leaders are visiting the house of Gaali to pay the final rites. Some leaders who belong to the opposition are also paying their condolences despite their political rivalry. May his soul rest in peace.

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WTF time! Meat ban in IIT Mumbai

Meat ban in IIT Mumbai

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Decades ago, our nation is a clear example of the phrase ‘Unity in Diversity’. Unfortunately, not anymore. Given the communal violence, and attacks in recent times, the law and order have been jumping out of their positions for quite a bit of time. After BJP came to power, the call for banning beef resulted in a violent attack against beef-eaters, where some even died in the process.

Esteemed institutions like IIT Mumbai are facing the wrath of rising communal violence in the nation.  A cafeteria in the Civil Engineering Department in IIT Mumbai reportedly banned meat. The move came after a group of vegetarians raised objections on non-vegetarians eating in silver plates. ‘Vegetarian food used to be served in silver plates and non-vegetarian food in plastic plates. After few students started eating non-veg in silver plates, the vegetarians raised objections, stating that, it is hurting their sentiments. Hence they came up with the proposal to ban meat on the campus,’ said a source associated with the IIT Mumbai campus.

Reacting on this, student union groups staged protests terming the management’s move as hypocrisy and calling them hypocrites.

Meanwhile, a spokesperson of the Civil Engineering Department clarified that there is no meat ban as rumored. 

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Missile strikes War Aircraft! Pilot blows up himself with grenade!

Missile strikes War Aircraft! Pilot blows up himself with grenade!

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The Syrian Rebels have recently taken down SU-25 war aircraft belonging to Russia. The incident took place in the northern region of Idlib, Syria. According to the reports surfaced, after taking down the war aircraft, the rebels tortured the pilot to death, after he was captivated. A recent video relating to this incident, became viral, alleging the same.

But the Russian agencies announced that the pilot was never captured in the first place. ‘It is true that the Syrian Rebels took down an SU-25 using Portable Anti-Aircraft missile. At the same time, the rebels are identified as Hayat Tahrir al-Sham militants. As circulated in media, the Pilot was not captivated. Realizing the attack on his aircraft, he soon ejected himself using the safety evacuation system. He escaped using the parachute before the aircraft was completely taken down.

He put up a brave fight with the militants upon landing. As things slipped out of his hands, the pilot had to make a decision. In fact he made the decision, and blew up himself with a hand grenade. He is identified as Major Felfov.

For his bravery and selfless services, the Russian government hailed the pilot. Accordingly, the Russian Government honored him by awarding ‘Hero of Russia’ award posthumously’. In addition, the people will remember the pilot for long times to come by. 

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Another Kollywood Star Hero’s entry into politics almost Confirmed!

Star Hero Vijay Entry into politics almost Confirmed!

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After the demise of CM Jayalalithaa, the political equations are changing quick and fast. With Kamal Hassan hinting that he would join politics very soon, Rajinikanth came with his political entry announcement. Kamal Hassan also announced that he would be announcing his party’s name, logo, and flag, and go to the public from 21st February.

Though hero Vishal failed in filing the nomination in the RK Nagar by-election, he has confirmed his political entry. Now, joining this league of hero-turned-politicians is another star hero Vijay.

There have been speculations that Vijay too would join politics very soon. Their speculations further gained strength after hero Vishal joined the political race. The latest buzz among the Kollywood and political circles in Tamil Nadu is that hero Vijay would soon enter politics.

Even Vijay did participate in close  talks with couple of BJP leaders from the Centre and the sate before the previous elections. Meanwhile, his father SA Chandrasekhar also spoke on a positive note regarding Vijay’s political entry. Currently, an official Vijay Fans club website opened registration to build the cadre, given the uncertainty of his political entry at any time. Few Vijay Fans clubs’ have been renamed to Vijay Social Service clubs. 

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Call from Centre to the State! Is Babu happy?

Call from Central Government to the State 

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With the recent developments in New Delhi, the Andhra Pradesh government is being addressed with much urgency from the Centre. Arun Jaitley declared that the Centre is still committed to fulfilling every aspect mentioned in the AP Re-organization act. The Finance Minister also stated that respective Finance Officials from the state of AP are being invited to New Delhi to discuss various aspects.

In fact, it is learned that the Chief Minister’s Office (CMO) has reportedly received a phone call from the Finance Minister’s office. The Centre asked the AP’s Finance Ministry officials to come to New Delhi immediately. According to close sources to the CMO, the AP Finance officials are required to illustrate each and every detail regarding the reservations the AP Govt. has in Revenue Deficit and Special package.

Consequently, AP Chief Secretary (Finance) Ravichandra and Planning board Vice Chairman Kutumba Rao left to Delhi on instructions from the AP CM. AP MPs have been staging protests over their displeasure over allocations to Andhra Pradesh in the recent budget. Placards with ‘Anti-BJP’ and ‘Save Andhra Pradesh’ slogans were seen in the protests carried inside the Parliament premises.

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Rahul Dravid unhappy over cash prize announced by BCCI!

Rahul Dravid unhappy over cash prize announced by BCCI!

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He is the ‘The Wall’, ‘Mr. Dependable’, and The Gentleman!  We are referring to none other than the legendary batsman Rahul Dravid. After serving the Indian National Cricket Team, the legendary batsman took up the responsibility to shape the future of Indian cricket. Despite being offered the position of National Coach for the senior cricket team, Dravid told he would coach the U-19 cricket team. He is the coach of the India cricket team that won the 2018 U-19 Cricket World.

Upon winning the world cup, the BCCI announced Rs 50 Lakhs to Dravid, Rs 30 Lakhs to every player and Rs 20 lakhs to the supporting staff. Reportedly Rahul Dravid has expressed his displeasure at the disparity between the cash prize of the players, his support staff and himself.

Rahul Dravid has asked the BCCI not to discriminate among the players, coach and the supporting staff. ‘The world cup win is a complete team effort of the players, coach and the support staff. The support staff we had are great. I cannot take names. But I everyone put a great effort,’ said Dravid soon after the final.

Dravid’s comments over the disparity stand as a testimony for his selflessness and sincerity towards the game

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Jagan’s short story on CBN is trending on top

Sexual Freedom vs Freedom in Sex!

High tension in Parliament continues!

High tension in Parliament continues!

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All of a sudden, Andhra Pradesh MPs raised the temperature in New Delhi. Possibly for the first time after NDA came to power, the complete focus is on Andhra Pradesh. All the opposition parties unitedly lashed out at the BJP party in Rajya Sabha. Right from the morning, the TDP and YSRCP MPs were seen protesting in the Parliament premises with placards and anti-BJP slogans. They demanded that the Centre should fulfil each and every promise made in the Andhra Pradesh re-organization bill. The MPs who were protesting outside the Parliament, all of sudden barged into the premises and created a ruckus in the Rajya Sabha. They demanded that the Centre should release a declaration of when the promises would be fulfilled.

The TDP MPs were opposed by Central Cabinet Ministers, who said, if the government promises something in regards to AP in the Parliament, even other states will do the same. Succumbing to the pressure, Arun Jaitley stated that, ‘AP Financial Advisor has been asked to come to Delhi. We will discuss everything in detail with him’.

Unhappy over Arun Jaitley’s announcement, the TDP MPs warned that the people are in no state to accept if BJP comes up with ‘Technical reasons’ is not fulfilling the promises. The Rajya Sabha has been once again adjourned amid the protests from TDP MPs.

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Jagan’s short story on CBN is trending on top

Sexual Freedom vs Freedom in Sex!

 

Sujana’s meeting with Modi raises heat

Sujana’s meeting with Modi raises heat

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The ruling party of Andhra Pradesh TDP is trying its best to win the votes of A.P people by fighting against the center in every possible way. A minister of TDP finally met Modi under high drama.

After protesting for the entire day, the TDP MPs successfully halted the Parliament session for yesterday. Today, they continued their protest by displaying placards. At one time, the speaker Sumitra Mahajan lost her cool and fumed on Maganti Babu for his protest. As the protest leads to a temporary break, the Minister Sujana Chowdary managed to get the appointment of Prime Minister Modi and presented a brief report on the burning problems of the state.

Later Sujana addressed the press and revealed his meeting details. He said that he has met Modi and explained the wrath of Telugu people. Also, he has orally listed the problems of A.P people regarding the released budget and asked him to help the state which is in grieve need. Using the same platform, Sujana warned the center once again not to make TDP fight against it for the benefit of the state.

Later the BJP Union Minister Ananth Kumar asked all the TDP MPs and Ministers to stay patient and allow the house to continue in order to help the state. He also assured that the BJP head Amit Shah and Modi have been referring problems and soon will come up with fruitful offers to the state of AP.

Well, the TDP members are not in a mood to listen to anyone. They are not caring the orders of their Chief CBN in Andhra regarding this issue. Every TDP leader is well aware of their situation post the budget release. They exactly know what people will do for the next elections if they don’t act according to the situations and needs.

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Jagan’s short story on CBN is trending on top

Sexual Freedom vs Freedom in Sex!

 

Jagan’s short story on CBN is trending on top

Jagan’s short story on CBN is trending  

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As the TDP cadre and some pro TDP media channels are hitting hard on YSRCP and its future alliance with NDA, the YSRCP President Y.S Jagan fumed fire on the A.P CM with a short story along with some straight questions.

Jagan who has been busy with his Padha Yatra has finally opened his mouth to the Union Budget-2018. He questioned Babu that being in alliance with NDA, how could he not knew the budget before its release. On the same note, he pointed out Babu’s dual stand on the special category status. He reminded people that Babu who said Special status is a Sanjeevani for the bifurcated state of A.P has changed his colors now by saying that Special package is a Sanjeevani. The supreme of YSRCP delighted his supporters with a short story about CBN.

Jagan stated that an accused murderer of his own parents has taken to court. The same murdered pleaded judge to leave let him free as he has no parents now. He metaphor this story to link with CBN as he is the whole and sole responsible for state’s present situation. Jagan accused CBN that his incapability leads to the bifurcation of the state. After all the story, he claimed CBN’s power thirst made A.P lose funds to Polavaram project and it’s dire situation. Needless to say, Jagan has wonderful tactics under his sleeve to defeat TDP which is already in a dilemma over the alliance. Also, Jagan’s comments damaged and diluted voters’ sympathy on TDP regarding its indirect war with the center.

Currently, Jagan is balancing both Padha Yatra on daytime and urgent meetings with his core committee regarding possible defectors towards his party. For now, Jagan seems to have a slight upper hand on TDP post the release of Union Budget-2018.

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TDP leaders hit pot shots on Somu Verraju

TDP leaders hit pot shots on Somu Verraju

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The BJP MLC Somu Verraju’s staggering comments on TDP, its Chief Chandrababu Naidu, and his party leaders have created a huge sensation in AP. Some leaders of TDP have hit back hard at Somu with their questions and counters.

Not able to sit calm, some leaders of TDP despite CBN’s orders have separately waged a verbal war on Somu for his derogatory comments. The TDP President of Guntur J.V Anjaneyulu along with his supporters declared that Somu is nothing but a part-time BJP worker and Full-time YSRCP worker. Not stopping there, he pointed at Verraju that he has not won more votes than an Independent contestant and lost as an MLA. It’s then CBN who made him an MLC with the alliance. TDP MLC Dokka Manikya Varaprasad went ahead and asked if he has the stature to comment on CBN. He continued targeting Somu that he has got hurt as he failed to become A.P BJPs president for his incapability and thus he is making such nonsense.

TDP whip Budha Venkataramana demanded the BJP Party for a detailed explanation for its party leader’s derogatory comments without respect or else they would take certain measures to get a required explanation. Minister K.Srinivas too added same comments to Budha and asked Somu to apologize for perfect explanation. Other leaders of TDP have raised their voice against Verraju but the party head CBN has ordered to stop all the comments in order to have a final decision on the alliance.

Already the bond between TDP and BJP is hanging on the edge and now Verraju has just intensified the problem. Political analysts now conclude that the alliance will come to an end. They all are waiting for the 15th of this month for Chandrababu’s final word on the alliance.

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Disha Patani looks Ugly – TV Channel! Heroine reacts!

Disha Patani Response to TV Channels

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Disha Patani, one of the most beautiful and pretty young actresses of Bollywood is called ‘ugly’. You may not believe it, but this happened and a famous news channel did call her that. But the actress is quick with her epic reply to the media house has won her many more fans.

Recently, a news channel captioned, “Can you believe how ugly Disha Patani looked once”. This comparison was made with Disha Patani’s school picture to one of her recent pics.

The actress was quick to react, as she shared a screenshot of the channel’s write-up on her social media handle. Disha gave a befitting reply. “Should’ve worn a beautiful gown and done up my hair and make-up nicely, before heading to my seventh standard class. P.s. you couldn’t get a breaking news than that?” She wrote.

Twitter stood by Disha’s side and applauded her for schooling the channel befittingly for such a derogatory story. She made her Tollywood debut with Varun Tej’s “Loafer”,

On the work front, Disha is currently busy shooting for ‘Baaghi 2’, opposite her rumoured boyfriend, Tiger Shroff.

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Goddess in Salwar Kameez!

Priest sacked for decorating Goddess Idol in Salwar Kameez!

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The Mayiladuthurai’s Mayuranathaswami temple assistant priest, Raj has been ousted. His strange behaviour and a photo which he shared, later went viral on WhatsApp. He joined the temple service only recently to extend his helping hand to his father.

According to the media reports, Raj just showed his creative side and decorated the goddess Abhayambal in a north Indian traditional outfit, Salwar Kameez. This act of his did not amaze any locals. Rather disappointed them. The devotees claimed that the sanctity of the 1000-year old idol is spoilt due to his uncanny deeds.

Once revolt came from the side of devotees, the temple authorities have decided to sack both the priest as well as his father from the service. It is a tradition which was coming from years that on Friday, they adorn the goddess idol with sandalwood paste and a saree. Since the priest have deviated from the duties and insulted tradition and culture, the manager believes that stripping them of their duties is the only right thing.

Apparently, the priest had decorated the goddess idol in Salwar Kameez (pink) and blue salwar. However, this is not the first time in Tamil Nadu. It earlier happened in Coimbatore district when the deity was decorated with new Rs.2000 notes after demonetization in November 2016.

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Company gives away Rs 160 Crores as Bonus!

The company gives Rs 160 crores as Bonus

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A Chinese company named Fangda Special Steel Technology reportedly announced Rs 160 crores as a bonus to its 5,000+ employees. Each employee received to the tune of Rs 3, 20, 000 in cash. The move came in a week’s time, after images of employees carrying piles of cash, emerged on the internet. This bonus too was given by a company belonging to the Fangda group. What’s more surprising is, the company even offered Rs 30,500 to its retired employees and those who are over 60.

The steelmaker posted record level profits after the increase in demand for steel in China in the last year. ‘The government tried to cut down steel production. At the same time, the demand for steel grew in China. This led to higher prices,’ said a market watchdog. The Chinese Steel sector recovered last year, after a series of continuous fallouts in demand for steel supply.

Fangda Special Steel Technology has shown Rs 80,000 crores as its turnover for the 2017-2018 year. Since 2011, the company paid out Rs 610 crores as a bonus for its employees.  

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