Residents of Mancherial, who gave away their lands for the establishment of the Mancherial Cement Company (MCC) in 1958, have expressed concern over the proposed auctioning of the plant’s assets by Indian Bank on January 12. The auction follows MCC’s failure to repay a Rs 54 crore loan.
Speaking at the ‘Praja Aasheervada Sabha’, as part of his election campaign, the incumbent MLA and BRS nominee for the forthcoming Assembly polls, Shankar Naik, highlighted the progress achieved under CM KCR's leadership
