Launch stir on factory premises seeking justice

Sugarcane growers under the jurisdiction of NCS Sugars at Latchaiahpeta in Sitangaram mandal are in agitation mode for justice following notices received by them from court that they repay the loans taken from State Bank of India and ICICI branches in the past. The total amount is said to be around Rs. 23 crore.

In fact, the poor peasants had not at all availed of the loans from the said banks, said Marrapu Suryanarayana, district secretary of A.P. Rythu Sangham, who led the agitation at the factory premises on Monday. Over 500 sugarcane farmers launched an agitation at the factory premises and gheraoed Chief Executive Officer Anjaneyulu demanding an explanation about the benami loans.

When contacted, Mr. Suryanarayana said that Mr. Anjaneyulu had agreed to have received Rs. 7.5crore from SBI and Rs. 13.5crore from ICICI Bank, Parvathipuram, in the name of farmers. Inspector Srihari Raju was present at the factory at the time of his confession. Mr. Suryanrayana said that he had specific information that the factory received additional loans apart from Rs. 21crore from other banks too. However, he had no information about the number of farmers received notices from banks. There are about 13,000 sugarcane growers under the factory jurisdiction.

Relay fast

Mr. Suryanarayana said that the CEO had acted with the full knowledge of NCS Sugars management. The CEO had agreed to repay the loan amount of Rs. 7.5crore to SBI by next month-end but he gave no assurance on repayment of Rs. 13.5-crore loan availed from ICICI Bank, Mr. Suryanarayana said. The agitating farmers, who observed relay fast on Sunday did not allow crushing and sent back truck loads of sugarcane that arrived at the factory on Monday morning.

Mr. Suryanarayana said that the growers had been demanding besides repayment of benami loans to the banks, increase in the support price from the present Rs. 2,300 per ton to Rs. 3000 and settle the arrears pending for the last season.

  • Sugarcane growers have received notices from court

  • Sugar factory Chief Executive Officer gheraoed