Gadkari enters Praful Patel's bastion

His cooperative society acquires ailing sugar factory

geetanjali

Geetanjali Minhas | May 4, 2010



BJP president Nitin Gadkari's cooperative society, the Purti Group, has acquired the ailing Wainganga sugar factory at Devada village in Bhandara, which happens to be NCP leader and civil aviation minister Praful Patel's constituency

The defunct factory owned by NCP leaders was mortgaged to the Maharshtra Cooperative Bank. Villagers had been pleading for its revival, but Patel was apparently not interested. With farmers' suicides still a burning issue in Vidarbha, the villagers were concerned about the revival of the factory.

The Purti Group purchased the sick factory at a price of more than Rs 14.10 crore. With a fresh capital infusion of Rs 100 crore, the factory will also be a pilot project for power generation through sugarcane waste.

As Gadkari visited the place and promised jobs for the locals at the factory and micro-finance to farmers to buy imported sugarcane harvesters.

Criticising Sharad Pawar and Patel, Gadkari told hundreds of sugarcane producers: “You go without power for hours... but the minister and his leader, Sharad Pawar, waste time watching cricket and cheerleaders at night. This will come to an end when the factory generates power and sells it to the government and makes profit.”

About 5,000 people will get jobs and 2,00,000 farmers will benefit, he added.

Comments

 

Other News

The changing nature of CSR in India

With the advent of globalization came a new set of challenges for corporations, notably the duty of ensuring the well-being of all stakeholders while also protecting the planet`s natural environment. Although we are dedicated to a faster and more inclusive rate of growth, it is equally imperative that we f

BMC commissioner Chahal conferred with hon. doctorate

BMC commissioner and administrator Iqbal Singh Chahal has been conferred with a Honorary Doctor of Science Degree (honoris causa) by Guru Nanak Dev University in Amritsar, Punjab. Chahal was conferred the degree during the 48th convocation of the University in Amritsar at the hands of Punjab

Sebi to have two-track approach on ESG

Securities and Exchange Board of India (Sebi) aims to use a two-track approach on environmental social and corporate governance (ESG). Addressing a conference on ‘ESG for Atmanirbhar Bharat` in Mumbai, Sebi chairperson Madhabi Puri Buch said that that there should not be a single carbo

Accuracy more important than speed in news: Anurag Thakur

Presenting authentic information is the prime responsibility of media and that facts should be properly checked before they are put in the public domain, union minister of information and broadcasting Anurag Thakur has said. “While speed with which the information is transmitted is imp

FM concludes pre-budget consultations

Union minister for finance and corporate affairs Nirmala Sitharaman has concluded the pre-budget consultation meetings for Budget 2023-24 that were held from November 21 to 28 in the virtual mode. More than 110 invitees representing seven stakeholder groups participated in eight meetings sch

Coal production rises by 18% to 448 MT

The total coal production in the country stands at 448 million tonnes (MT) for the month of October 2022 which is 18% higher than the production of the corresponding period of last year. The growth of coal production from Coal India Ltd (CIL) is also more than 17%. The ministry of coal said

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter