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Stage set for sale of Chittoor Dairy
To find a permanent solution to the defunct Chittoor Cooperative Dairy, the state government has reportedly decided to sell it and clear its liabilities at the earliest. In this connection, the government has directed the District Cooperative Officer (DCO) to send comprehensive details over the assets and liabilities of the defunct cooperative unit
Chittoor: To find a permanent solution to the defunct Chittoor Cooperative Dairy, the state government has reportedly decided to sell it and clear its liabilities at the earliest. In this connection, the government has directed the District Cooperative Officer (DCO) to send comprehensive details over the assets and liabilities of the defunct cooperative unit.
Highlights:
- The state govt directed DCO to submit details of assets and liabilities of sick cooperative unit
- The value of dairy and its land was estimated as Rs 250 crore
- The defunct unit should clear Rs 150 crore loans raised from financial institutions
- Opposition parties, farming communities are against selling away Chittoor Dairy
It may be recalled here that Chittoor Cooperative Dairy became defunct two decades ago because of its ineffective management and the role played by certain political leaders with ill-intentions. There were 18,000 small and marginal farmers whose principal occupation was mainly confined on dairying only.
The Chittoor Cooperative Dairy was established in 1945 on an extent of 32 acres and became defunct on August 30, 2002. All the five chilling centres, the allied wings of Chittoor Cooperative Dairy, situated at Piler, Madanapalle, Pichatur and V Kota were also closed. There were 3,500 shareholders in this ill-fated dairy.
To clear the salary dues to the employees, the cooperative unit had raised loans to a tune of Rs 150 crore from various financial institutions. The government declared that it was not feasible for continuing the sick unit and a liquidator was also appointed. It was decided to sale the Chittoor Dairy and the value of the sick unit along with the land was estimated at Rs 250 crore.
The government has made it clear that there was no scope to revive the sick unit which was in debt of Rs 150 crore to various financial institutions.
Meanwhile, Venkatachalam Naidu, a leader of the farming community, who is called as Chittoor Gandhi, has intensified agitation on the Gandhian lines for reviving the Chittoor Dairy. It has become a serious headache for the government as the opposition parties and the farming communities are demanding that sick unit should be revived.
Speaking to The Hans India here on Thursday, Venkatachalam Naidu, the one-man army fighting for the reopening of Chittoor Dairy for the last ten years, has expressed anguish over the government’s decision.
“The farmers will not allow the government to sell the sick unit and they would teach a lesson to the TDP government if it resorted to take step against the interests of the farmers,” he added. Asked to comment over the decision of the government in disposing the sick unit, DCO S Lakshmi said that the government has decided to clear the dues of Chittoor Dairy by disposing it at the earliest.
