The farmers who had stored their produce in the clod storage units hoping that they would get good returns when the market condition got better were shell-shocked after finding that the unit owners had sold away the produce without their knowledge.
A woman farmer Kangala Chenchamma from Kanagalavaripalem was in tears after she found that her maize stock worth about Rs. 5 lakh deposited with a cold storage unit at Ravinuthala had been sold away. Now the Union Bank of India, which had advanced her a loan of Rs. 2 lakh based on the pledged stock, was pestering her to repay the amount.
