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National
Increase of Rs 1,000 per year per acre in royalty 50 p.c. DA to be merged with basic pay for Sugarfed staff
Rohtak: In a significant step, Haryana Chief Minister Bhupinder Singh Hooda on Sunday announced that in case State Government acquires land for Special Economic Zones, farmers would be given Rs 30,000 per year per acre for 33 years in addition to compensation. Mr. Hooda said that there would also be an increase of Rs 1,000 per year per acre to the royalty. The Chief Minister was addressing a public meeting after laying the foundation stone of a sugar mill at a cost of Rs 180 crore at village Bhali in this district. Mr. Hooda said the mill would start crushing from November 1, next year. Initially the crushing capacity would be 35,000 quintal per day but it would be increased to 50,000 quintal per day with the increase in area under sugarcane cultivation. A power generation plant would also be set up in the complex of the mill which will generate 16 MW of electricity. He announced that employees of Sugarfed would get benefit of dearness allowance by merging 50 per cent of it in the basic pay on the pattern of state government employees with effect from November 1, 2007. Mr. Hooda said the Government had decided to convert loans of the mills into share capital. This decision also included reduction in the rate of interest. He said that directions have been issued to prepare an incentive oriented plan for the staff of sugar mills. The Chief Minister said all sugar mills had purchased cane at a cost of Rs 486 crore during last crushing season. Later, Mr. also laid the foundation stone of Zila Parishad building to be constructed at a cost of Rs 10 crore here . PTI
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