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Mancherial Cement Company, one of South India’s oldest cement manufacturers, is set for auction to repay Rs 54.04 crore in debts. Production halted, staff unpaid, and legal battles unresolved, marking the end of the 67-year-old industrial landmark
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A 49-year-old farmer from Kondapalkala in Manakondur mandal allegedly died by suicide, unable to repay debts taken for his daughter’s marriage. Police said he owned 2.5 acres and leased additional land. A case has been registered following a complaint by his son.
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Former Sarpanch Shankaraiah had taken up several development works and accordingly accrued Rs. 10 lakh debts.
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Former sarpanch Dasari Shankaraiah of Bibirajpalli in Jagtial died by suicide after failing to recover Rs.10 lakh borrowed for village development works. The bills remained unpaid for two years, and pressure from lenders drove him to the extreme step.
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Hailstorm accompanied by strong winds cause massive damage to standing crops like paddy, maize and harvested chilli across the district
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Raju incurred Rs 6 lakh debts after performing the marriage of two daughters and a son. Left without work, he went into depression and ended life, neighbours said .
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Rajam committed suicide by hanging himself from a tree
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Police said Nagesh had borrowed hand loans worth several lakhs and could not clear them
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Mohammed Azizuddin (29) was found hanging from a ceiling fan at his residence
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This is the sixth case of suicide by a farmer in the district in the last couple of months; former Minster Jogu Ramanna slams government
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Family members and locals reported that Rathod Gokul, a resident of Lingojiguda Thanda in Utnoor mandal, attempted to take his own life by ingesting pesticide on January 12. Initially, he was admitted to a hospital in Hyderabad but was later transferred to RIMS-Adilabad on Saturday, where he passed away.
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Bijilipuram Yadagiri (38) allegedly borrowed significant sums of money from friends and relatives in the town, promising attractive interest rates. However, when repayment was demanded, he reportedly fled the town with his family.
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Sanjeev (34) and Manda Nagulu (32) in two different cases have end their lives abruptly as there were unable to repay the EMIs and debts.
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Farmer Rajaiah, 50, left his home on Friday evening and was found hanging from a tree by locals on Saturday morning. According to his family, Rajaiah, who owned one acre of land, was struggling with severe financial issues and was unable to repay debts from various sources. It is believed that these hardships led him to take his own life.
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Mamata Banerjee talking to media persons said that Union government always says that the states own debt is increasing. But they are always silent on their own debt
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Hyderabad: The Comptroller and Auditor General (CAG), in its latest report, raised a red flag over the union government’s increased debts and revenue deficit during the pre-Covid period. The Centre has been advised to immediately draw a specific plan for reduction of its debt to minimise expenditure on debt servicing and consequently, make more of […]