Jagan Govt Releases 263 Crore to Compensate Agri Gold Victims

Andhra Pradesh Government has launched efforts to compensate Agri Gold victims. The YCP government has said that they compensate Agri Gold victims as promised during the election. 263.99 crore will be paid to depositors in the first ten thousand rupees. Under the High Court directives. Cash will be handed over to over 20,000 depositors in the districts through the Legal Cell.

On the other hand, the government has already seized properties of Agri Gold Farm Estates India and Heera Group, Sonal Land Construction and Farms India and Indi Trade Capital Limited.

The acquired Agri gold properties include 25,917 square yards of land, 56,407 square feet of construction buildings and 56.85 acres of land. CID officials said last month that it's worth Rs 26.53 crore. The government has identified these assets in the districts of Guntur, Nellore, Visakha, Prakasam and Anantapur.

The government has also taken over 524.49 acres of land owned by Sheikh Nouhira. The government has confiscated 13.34 acres of land valued Rs 88.78 lakhs related to Sonal Land Construction and Farms India Pvt Ltd.