Former Karnataka CM Siddharamaiah urges government not to privatise MySugar mill

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Mysuru: Former chief minister and leader of the opposition Siddharamaiah has urged the state government to not to privatize the state-run MySugar mill and retain it under government control. He wrote a letter to Chief Minister B.S.Yediyurappa after the state government leased out defunct Pandavapura Sugar Factory to Bagalkot-based Nirani Sugars.

According to the media reports, in a letter written to CM, Siddharamaiah said that almost all the 14,046 shareholders of the mill are farmers. “The mill has a crushing capacity of 5,000 Metric Tonnes per day and has a co-generation power plant, ethanol and distillery units and also facilities for producing other by-products. The mill is spread on a 207-acre area. Therefore it is one of the sugar mills in the country having such a huge land space

“Instead of privatising the factory, the government should revive the factory which has the value of hundreds of crores of rupees. This will be for the betterment of farmers and the general public,” he further added.

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