Opposing the Global Investors Meet 2010 scheduled to be held in Bangalore on June 3 and 4, a group of like-minded organisations will stage a road block on Hosur Road on Tuesday.

Karnataka Rajya Raitha Sangha president Kodihalli Chandrashekar told presspersons here on Saturday that during a recent farmers' convention at Koodala Sangama, the State Government had promised to safeguard land and water resources.

But by holding the Global Investors Meet, it was appeasing capitalists to invest of Rs. 3 lakh crore in the State, which eventually might lead to plundering of valuable natural resources, he said.

The meet was anti-people and anti-farmer and would not help the poor farmers, Mr. Chandrashekhar said and suggested instead the Government should take up works which would promote the wellbeing of farmers, improve the cooperative units and government undertakings.

Apart from the road block, Karunada Sene, Karnataka Rakshana Vedike, Samata Sainik Dal and Praja Vimochana Chaluvali would participate in the demonstration on June 3 on Mahatma Gandhi Road.

Farmers from across the State would be participating the in it. Agni Sridhar, president of Karunada Sene, said because of Global Investors Meet, farmers would lose vast extents of cultivable and fertile land and it would encourage only real estate agents. If the Government continues the same policy, land would not be left for growing crops after 25 years, he added.

Karnataka Rakshana Vedike president T.A. Narayana Gowda, M. Venkataswamy of Samata Sainik Dal and Patapat Nagarj of Praja Vimochana Chaluvali spoke.

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