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YSRCP Demands Rollback of Sugar Factory Monetization, Accuses TDP of Selling Public Assets
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News18•27-09-2026, 21:00
YSRCP Demands Rollback of Sugar Factory Monetization, Accuses TDP of Selling Public Assets
- •YSRCP vows to prevent the sale of sugar factories by the TDP-led coalition government and demands immediate payment of dues to farmers and employees of the Govada factory.
- •The party calls for the government to reverse its decision to monetize lands of cooperative sector sugar factories, citing former minister Gudivada Amarnath and former MLA Dharmasri.
- •YSRCP leaders allege that Chandrababu Naidu's government aims to monetize 770 acres of land bank across the state, valued at approximately Rs 3,000 crore, through the sale of sugar factories.
- •The Govada sugar factory, a running entity, supports 25,000 farmers, and YSRCP objects to the government's plan to clear dues from the factory's sale proceeds, demanding a grant instead.
- •YSRCP accuses the ruling government of selling public assets, including land, sugar factories, and medical colleges, and demands the immediate reopening of the Govada sugar factory and payment of farmer dues with interest.
Key Questions Answered
The YSRCP is strongly objecting to the government's decision to monetise cooperative sugar factories and their land bank, arguing that public assets should not be put on sale and demanding that the Govada sugar factory be reopened.
The party demands that the government immediately pay outstanding dues of Rs 30 crores to sugarcane farmers and Rs 5 crores to employees as a grant with interest, rather than clearing them using proceeds from factory property sales.
The YSRCP called for a statewide protest on September 29 against the privatisation move and the pending dues owed to farmers and employees.