SCCL pays 57.8 cr to farmers for acquired land

SCCL pays 57.8 cr to farmers for acquired land
Highlights

The Singareni Collieries Company Limited (SCCL) handed over a cheque for Rs 57.8 crore towards settling payment of compensation for land acquired by the company from the local farmers. SCCL  Managind Director Kona Sasidhar had presented the cheque to Chief Justice of India T S Thakur  at the 14th All India Meet of State Legal Services Authorities, which began here on Saturday.  

Hyderabad: The Singareni Collieries Company Limited (SCCL) handed over a cheque for Rs 57.8 crore towards settling payment of compensation for land acquired by the company from the local farmers. SCCL Managind Director Kona Sasidhar had presented the cheque to Chief Justice of India T S Thakur at the 14th All India Meet of State Legal Services Authorities, which began here on Saturday.

According to the SCCL MD Kona Sasidhar, initially the Lok Adalat and the company had held mediation with the farmers. Following this, the company had agreed to provide an enhanced compensation to as many as 110 farmers belonging to Kistapuram. Similarly, the company had also agreed to negotiate with another 170 farmers belonging to Kommepalli, which resulted in a positive outcome.

As part of the mediation, the company had agreed to pay a total enhanced compensation of about 57.8 crore. A cheque of the sum has been handed over to the Chief Justice of India by the MD in the presence of Chief Minister K Chandrashekhar Rao. Calling it a major achievement of the Lok Adalat, State High Court Chief Justice Dilip B Bhosale appreciated the company’s gesture in settling the cases through Lok Adalat. With this, the SCCL had so far paid Rs 70 crore to 280 farmers towards compensation for land acquisition.

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