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Andhra refuses to clear farmers' Rs 25 crore dues
- | Saturday | 25th February, 2017
According to information, a paper mill from Sirpur Kagaznagar in Telangana picked up stocks worth `25 crore from subabul farmers in Krishna and Prakasam districts in 2013. "The marketing department officials took bank guarantee of just `25 lakh in Nandigama and Jaggaiahpet in Krishna district." In fact, the market yard is solely responsible to make payments to the farmers as it takes bank guarantees from the paper mills in accordance to the purchase indents. Sources said that more than 5,000 farmers were victims of the lock out. However, the management abruptly shut the paper mill in 2014.
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