BRS seeks probe into land acquisition for proposed Adilabad Mega Industrial Park
The BRS has demanded a high-level probe into the land acquisition process for the proposed Mega Industrial Park in Adilabad, alleging ownership disputes and legal issues. The party urged the government to suspend compensation until the ownership claims are fully verified.
Hyderabad: The Bharat Rashtra Samithi (BRS) on Monday demanded a high-level probe into the land acquisition process for the proposed Mega Industrial Park in Adilabad. The party alleged serious legal, financial and ownership disputes over a portion of the land identified for the project.
The party urged the government to constitute an inter-departmental committee comprising revenue, registration, legal and banking officials to conduct a comprehensive legal and banking audit of the disputed land records and initiate action against any illegal transactions.
Leader of Opposition in the Legislative Council S Madhusudhana Chary, former Minister Jogu Ramanna and BRS Adilabad district president N Vijay Rao submitted a representation, along with supporting documents, to Chief Secretary Sanjay Jaju at the State Secretariat. They urged the government to halt any compensation process until the ownership issues were conclusively resolved.
Welcoming the proposed industrial park as a catalyst for investment and employment in the backward district, the BRS leaders stated that official records indicated around 1,228.66 acres were purchased by GS Biotech between 2006 and 2012 and later mortgaged to several public sector banks for corporate loans.
The company subsequently defaulted on its loans, leading to insolvency proceedings before the National Company Law Tribunal (NCLT), with certain assets reportedly auctioned during the liquidation process.
The BRS alleged that attempts were being made to transfer or sell the mortgaged land despite the banks’ primary rights and the pending legal process. It cautioned that acquiring such land and paying compensation without verifying ownership could result in substantial losses to the public exchequer, prolonged litigation and hardship to genuine local farmers.