Telangana BJP has sought the intervention of Governor Tamilsai Soundararajan to safeguard land worth ₹5,000 crore or more belonging to erstwhile public sectors companies like HMT and IDPL in the capital region from illegal occupation and encroachments.
Submitting a memorandum to the Governor at the Raj Bhavan on Tuesday, a copy of which was released to the media, former vice president and ex-independent director-HAL, S. Malla Reddy and others – B. Shankar Reddy, B. Srinivas and P. Lakshmipathi, said the cost of each acre was estimated to be about ₹30 crore, but the State government was showing little interest in protecting it from encroachments.
The HMT unit, spread across 880 acres, was once used to make tractors, bulbs and machine tools, now but only the machine tools unit is functioning. The public sector company once boasted of a lively township with quarters, playgrounds, community hall and so on, but due to lack of proper security measures, about 50 acres have come under illegal occupation worth hundreds of crores of rupees in connivance with the ruling party functionaries, they charged.
