Nizambad: The farmer in Bodhan, Metpalli and Medak and the workers of the Nizam Deccan Sugars limited are jubilant over the Telangana government over the Nizam sugar factory. The biggest in the Asian continent has been plagued by several problems and has been in the news for all the wrong reasons.
The sugar factory continued to incur heavy losses and was not even in a position to pay salaries to its staff and could not clear the bills of farmers. The sugarcane growers could not get remunerative price for their produce.
KCR assured the farmers and the workers of the NDSL that the TRS government would take over the factory and mitigate their sufferings, putting an end to privatization of the factory. He also promised farmers partners in running the company.
Gradually, over the years, the sugarcane cultivators began to make profits in Bodhan and its units were established at Mumbojipalli in Medak and also in Muthyampet village in Metpalli mandal of Karimnagar district. The crushing capacity of these units rose to 2,500 tonnes.
The profit-making Nizam Sugars was handed over to a Delta Paper Company under joint venture in 2002 by the then Chief Minister N Chandrababu Naidu. Later, in the year 2004, when the late Y S Rajaskehara Reddy became the Chief Minister, he appointed a Legislative committee to probe into it