Bareilly: Kesar Sugar Mill in Baheri Sold for Rs 431 Crore, Farmers Hope for Quick Payment
The Kesar Sugar Mill in Baheri, Bareilly, has been sold for Rs 431 crore. The Kila Chand family has transferred the mill to Awadh Foods. This sale has brought relief to local farmers, who hope that their outstanding dues of Rs 164 crore will now be cleared soon. The deal is seen as a significant boost for the local agricultural economy.
VIMARSHNAARAD TVFarmers in Baheri, Bareilly district, have breathed a sigh of relief following the news of the sale of Kesar Sugar Mill. The mill has been sold to Awadh Foods for a sum of Rs 431 crore. The mill was previously owned by the Kila Chand family, who have now transferred the ownership.
The most significant aspect of this sale is the payment of farmers' dues. Farmers had been struggling for their payments for a long time. Following this deal, they are hopeful that the settlement of their outstanding dues amounting to Rs 164 crore will be ensured soon.
The operation of this mill has been the primary source of livelihood for thousands of farmers in the region. Due to the mill's closure or financial crisis, farmers were facing significant hardships.
According to administrative sources, the path to payment has become easier after the completion of the mill's sale process. Farmer organizations have also welcomed this move and expressed hope that the new management team will initiate the payment process soon.
This deal is important not only for the future of the mill but also for the economic condition of the entire Baheri region. The smooth operation of the sugar mill is expected to improve local employment and agriculture-based income.
Farmers stated that they had been waiting for their payments for a long time, and this news has provided them with major relief. Now, their focus is on how quickly and transparently the payment process is completed.
This new chapter for the Kesar Sugar Mill in Baheri has brought a new ray of hope for the farmers of the region. It is expected that all outstanding dues will be settled soon and the mill will resume operations at full capacity.