Cheques distributed to farmers

Anantapur: Penukonda TDP MLA B K Parthasarathy distributed cheques worth Rs 43 crore to 34 farmers, who gave their lands to Korean automotive company Kia Motors, at RDO office here on Friday. The company will set up unit in 600 acres at Ammavaripalli near Penukonda. Rs 10.5 lakh is being paid for each acre of land. Speaking on the occasion, the MLA thanked the farmers for inviting development. He said the balance amounts will be paid in two-three phases. RDO Ram Murthy and other officials were present.