Co-op sugar factory in Belagavi to provide insurance to employees
Factory being upgraded, says Balachandra Jarkiholi
The Prabha Co-operative Sugar Factory in Gokak plans to offer health insurance up to ₹2 lakh and accident insurance up to ₹10 lakh to its employees and their families, according to Annasaheb Jolle, President of the Belagavi District Central Co-operative Bank. Jolle made the announcement in Belagavi on August 17, emphasizing the company's commitment to the safety and welfare of its workers.
During a meeting with employees and factory workers, Jolle also sought their cooperation. Balachandra Jarkiholi, President of the BEMUL and MLA, reassured that the factory is actively being developed and dismissed reports suggesting it was close to closure. Jarkiholi stated that the factory is being upgraded and its crushing capacity will be tripled.
He personally pledged his assets to obtain a loan of ₹70 crore from the Sri Beereshwar Co-operative Bank, emphasizing his commitment to maintaining the trust of the farm workers who are the backbone of the factory as sugarcane growers.
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