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Chief Secretary panel to decide fate of NSF
Industries Minister Jupally Krishna Rao on Tuesday put an end to rumours on the closure of Nizam Sugar Factory. He said, the government would take a final decision on fate of the factory only after the Chief Secretary Committee’s submits a formal report in this regard.
Hyderabad: Industries Minister Jupally Krishna Rao on Tuesday put an end to rumours on the closure of Nizam Sugar Factory. He said, the government would take a final decision on fate of the factory only after the Chief Secretary Committee’s submits a formal report in this regard.
Responding to the queries of members during the Question Hour in Legislative Council on Tuesday, the Minister maintained that government would act as per the recommendations of the Committee on the future of factory. He held the previous TDP government responsible for the collapse of factory during 2001.
According to the Minister, the annual production of Nizam factory had come down from 10 lakh tonnes of sugar to mere two to three lakh tonnes. Despite the Congress government’s attempts to resolve the issue in 2006 by forming a single member house committee, it has resulted only in collapse of the factory. The current capacity of the factory has touched all time low production of just 1.6 lakh tonnes, he said.
As many as 830 people who were working with the factory had lost their jobs, after they failed to meet the requirements created by the private-public partnership. The Telangana government has already pumped in Rs 32 crores, but viability options are being weighed by the government. “It was referred to BIFR (Board for Industrial and Financial Reconstruction) in December 2015, as a last resort to save the factory, which should not be misunderstood,” the Minister added.
The Telangana Congress has been raising the issue, ever since some reports emerged claiming that State government was planning to shut down the sugar factory without citing any proper reason. On Tuesday, the Leader of Opposition in Legislative Council Mohammed Ali Shabbir, Deputy Floor Leader, Ponguleti Sudhakar Reddy and M Ranga Reddy questioned the government on the factory issue and argued with government over it. They questioned the government’s commitment in fulfilling its poll promises of taking over the factory to restore its operations.
