Sugar minister pays a surprise visit to Malaprabha Sugar Factory in Belagavi
Pic: Minister Shivanand Patil hears grievances at Malaprabha Cooperative Sugar Factory on Saturday evening
Belagavi: Sugar minister Shivanand Patil went on a surprise visit to the Malaprabha Sugar Factory at MK Hubli on Saturday evening.
He received a barrage of complaints from farmer leaders, workers, as well as the management board.
In the wake of complaints received about the Malaprabha Cooperative Sugar Factory, minister Patil visited to the factory on Saturday evening. He experienced a shower of mutual complaints from farmer leaders, workers, and the management board about the poor condition of the factory.
The farmers' association leaders complained that the money for supplying sugarcane to the sugarcane growers was due.
They said the factory suffered losses due to the corruption of the management board. Some members of the management board had resorted to looting, resulting in crores of rupees being lost, they accused.
The chairman of the board of directors explained to the minister that the reason for the loss of the factory was the competition of sugar factories in the district and the conflict between the farmer leaders.
Anand Huchagoudar, a leader of the farmers' association, said that the factory's poor condition was due to the shortcomings of the previous and the current board of directors.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
เทรด Bitcoin และ Ethereum - ไม่ต้องใช้กระเป๋าเงิน!
IC Markets
เริ่มต้นตอนนี้
Undo
"The boards of directors showed low sugar yield. They illegally stocked a large amount of sugar and misused it. We detected this irregularity and complained to the deputy commissioner.A complaint was filed with the Lokayukta along with documents regarding the irregularities.
We also gave the records of the telephone conversations of those involved in the irregularity to the Lokayukta. Even though the govt appointed an officer for the post of managing director, the board of directors did not allow him to take charge and appointed whoever they wanted," he said.
Basavaraj, the chairman of the board of directors, said that the increase in the number of sugar factories in the district is also one of the reasons for the loss. The required amount of sugarcane is not coming to the factory. There is also a non-cooperative attitude of the farmers' association leaders, he said.
The factory suffered losses due to the mismanagement of those in power, explained farmer leader Basavaraj Mokashi.
Farmers demanded to dismiss the management board immediately; investigate the irregularities and recover the money; avoid the looting that going on even though the factory at a loss; run the factory with assistance from the govt and appoint a govt official for the post of MD.
Officials explained to the minister that the factory took a total of Rs 135 crore from various banks and financial institutions. The loan, including interest, amounts to Rs 160 crore.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
33 minutes ago
- Time of India
Scorpio Daily Health Horoscope Today, June 23, 2025: Expect less from others
1 2 Scorpio , daily horoscopes await your discovery according to how mighty planets act on your health and vitality. Get helpful insights to coordinate your day with clarity and confidence. Maintain your balance and bask in the good cosmic vibes. Today, focus on expecting less from others and more from yourself. Your growth depends on your own efforts, not others' actions or approvals. When you take full responsibility for your progress, you gain power and independence. Avoid frustration by managing your expectations realistically. Channel your energy into self-discipline and self-care. Your strength comes from within, and today is perfect to cultivate that. Scorpio Health Horoscope Today Your health improves when you focus on your own habits and choices. Avoid blaming external factors for your wellness. Take responsibility by eating well, resting enough, and exercising gently. Listening to your body and honouring its needs brings vitality. Your commitment to self-care builds a strong foundation for lasting health. Scorpio Wellness Horoscope Today Wellness depends on your willingness to nurture yourself without relying on others. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo Practice self-love and self-respect through mindful habits. Meditation, journaling, or quiet reflection help deepen your connection with yourself. Taking charge of your emotional well-being strengthens your spirit. Self-reliance today brings peace and balance. Scorpio Love Horoscope Today In love, focus on being your best self rather than expecting others to change. Honest communication and personal responsibility improve your relationships. If single, work on your growth and readiness for love. Let go of unrealistic expectations. Your self-confidence will attract healthier connections and mutual respect. Scorpio Career Horoscope Today Career success comes when you rely on your skills and hard work. Avoid blaming colleagues or situations for setbacks. Take initiative and lead by example. Your discipline and dedication will be recognized. Expecting more from yourself brings achievement and respect in your professional life. Scorpio Money Horoscope Today Financially, focus on managing your money wisely without depending on others. Take responsibility for budgeting and saving. Your disciplined approach attracts financial stability and growth. Avoid waiting for help; trust your ability to create abundance through your efforts. Scorpio Affirmation Today: I take full responsibility for my growth and success today. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
Time of India
34 minutes ago
- Time of India
Arisinfra Solutions IPO allotment status expected today; here's how to check
Here's how investors can check their application status: Live Events On the BSE website: Enter your application number and PAN (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The allotment status for Arisinfra Solutions' Rs 500 crore initial public offering (IPO) is expected to be finalised today. Investors who applied in the public issue can check whether they have been allotted shares by visiting the registrar's website or the BSE portal once the allotment is IPO, which ran from June 18 to June 20, was entirely a fresh issue of 2.25 crore shares priced at Rs 222 apiece. The issue received a decent overall subscription of 2.80 times, with strong demand from retail investors, who subscribed 5.90 times their allocated non-institutional investor (NII) category was subscribed 3.32 times, while the Qualified Institutional Buyer (QIB) segment was subscribed 1.50 times. Anchor investors had earlier brought in Rs 224.82 crore ahead of the IPO the registrar's website (Link Intime):Visit Select 'Arisinfra Solutions Limited' from the dropdown menuEnter your PAN, application number, or DP/Client ID to view the allotment detailsGo to Select 'Equity' and choose 'Arisinfra Solutions Limited' from the dropdownArisinfra Solutions is a B2B tech-driven player in the construction materials procurement and supply space, serving clients across over 900 pin codes in India. The company plans to use the IPO proceeds to repay borrowings, meet working capital needs, and invest in its subsidiary shares are expected to be credited to demat accounts by June 24, and the stock is scheduled to list on both BSE and NSE on June 25.
Economic Times
35 minutes ago
- Economic Times
Arisinfra Solutions IPO allotment status expected today; here's how to check
Here's how investors can check their application status: Live Events On the BSE website: Enter your application number and PAN (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The allotment status for Arisinfra Solutions' Rs 500 crore initial public offering (IPO) is expected to be finalised today. Investors who applied in the public issue can check whether they have been allotted shares by visiting the registrar's website or the BSE portal once the allotment is IPO, which ran from June 18 to June 20, was entirely a fresh issue of 2.25 crore shares priced at Rs 222 apiece. The issue received a decent overall subscription of 2.80 times, with strong demand from retail investors, who subscribed 5.90 times their allocated non-institutional investor (NII) category was subscribed 3.32 times, while the Qualified Institutional Buyer (QIB) segment was subscribed 1.50 times. Anchor investors had earlier brought in Rs 224.82 crore ahead of the IPO the registrar's website (Link Intime):Visit Select 'Arisinfra Solutions Limited' from the dropdown menuEnter your PAN, application number, or DP/Client ID to view the allotment detailsGo to Select 'Equity' and choose 'Arisinfra Solutions Limited' from the dropdownArisinfra Solutions is a B2B tech-driven player in the construction materials procurement and supply space, serving clients across over 900 pin codes in India. The company plans to use the IPO proceeds to repay borrowings, meet working capital needs, and invest in its subsidiary shares are expected to be credited to demat accounts by June 24, and the stock is scheduled to list on both BSE and NSE on June 25.
