India Cements loses land claim
The state government has deferred allotment of 127 acres to cement major India Cements in Kadapa district in spite of the company being in possession of the land for more than two decades.
The state Cabinet which met on Tuesday took a decision in this regard at the instance of the Chief Minister, Mr N. Kiran Kumar Reddy. While the allotment in a way was a mere formality as the company has been in possession of the said land for over 20 years, it met with stiff resistance from the health minister, Dr D.L. Ravindra Reddy.
According to sources, the minister convinced the Chief Minister that the Revenue authorities had fixed a very low price of INR2 lakh/acre at a time when the TD Rajya Sabha member, Mr MV Mysoora Reddy, had been acquiring land from farmers for INR5 lakh/acre to set up a cement plant nearby along with a promise to provide jobs for every family displaced. Mr Mysoora Reddy and another Rajya Sabha MP, Mr Y. Sujana Chowdary, have been planning to set up the plant.
Published under Cement News
