Mysugar revival move evokes mixed response from farmers
The Hindu
Factors affecting its performance were highlighted in an evaluation report
The State Government’s decision against privatisation of Mysore Sugar Company Ltd. (Mysugar) in Mandya and announcement on setting up an expert committee to help revive the factory has evoked mixed response from farmers.
The factory started by Nalwadi Krishnaraja Wadiyar in 1933 fared well for decades but suffered losses from the late 1980s before it suspended regular operations a few years ago.
Though private players evinced interest in taking over its operations, the Government faced political opposition to it and Chief Minister Basavaraj Bommai announced on Monday that fresh efforts would be made to revive it.
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