Andhra Pradesh: Cotton farmers threaten to commit suicide; protest against non-payment of dues

Image
ANI General News
Last Updated : Jul 09 2019 | 11:35 PM IST

Cotton farmers in the district held a protest on Tuesday at the national highway in Kothagudem crying foul against non-payment of their dues; they subsequently threatened to commit suicide if their demands were not met.

The farmers told the police that almost 175 cultivators have been selling cotton to one Karuna Vara Prasad since more than a decade. This year Vara Prasad bought cotton worth almost Rs 5 crores. However, he did not make payment to any of the 175 farmers, instead served Insolvency Petition (IP) notices to all of them.

The farmers are complaining that they have been facing many problems yet took loans and yielded cotton. Now as the buyer did not pay money. Distressed farmers say they are left with no option other than suicide.

The farmers held a sit-in protest on Kothagudem national highway. The agitation also led to traffic snarls on the route.

Mylavaram Circle Inspector Srinivas, Sub Inspector Eswar Rao held talks with the farmers. They assured that they will resolve the problem within a week. Following the assurance, the farmers withdrew their agitation and appealed to the government to do justice.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 09 2019 | 11:20 PM IST

Next Story