Udupi: The president of the Udupi District Cooperatives Union, Kishan Hegde Kolkebail, said on Wednesday that the union would approach Chief Minister H.D. Kumaraswamy and Cooperation Minister G.T. Deve Gowda to bring to their notice the failure of the ailing Brahmavar Sugar Factory to repay the loan of over Rs. 7 crore taken from the cooperative institutions in the district.
He was speaking at a seminar on the "Problems faced by the cooperative institutions due to the ailing Brahmavar Sugar Factory" organised by the Karnataka State Federation of Cooperative Unions and the Udupi District Cooperatives Union, here. Presidents and chief executive officers of various cooperative institutions attended the seminar.
Mr. Kolkebail said that the union had approached district in-charge Minister V.S. Acharya and Raghupati Bhat, MLA, on the issue. The union was not against the rejuvenation of the factory. But the loan should be returned. The interests of both the factory and the cooperative institutions should be protected, he said.
President of the Udupi APMC Vijay Kumar Udyavar was present.