Tata Tea rejects Munnar land grab accusation
16 Jul 2007
Thiruvananthapuram: Tata Tea has rejected charges that Kanan Devan Hills Plantations Company Pvt Ltd, in which Tata Tea holds an 18 per cent stake, has encroached on Government land in Munnar in Kerala.
Percy Siganporia, managing director Tata Tea, told the press that there was no truth in the allegations that Tata Tea and KDHP had encroached on government land in Munnar.
He emphasised that the 58,741.82 acres that KDHP holds in the Kanan Devan Hills village were awarded to Tata Tea by the Land Board as per the provisions of the Kanan Devan Hills (Resumption of Lands) Act 1971.
Under the Act, 71,051.22 acres were vested in the Government of Kerala and KDHP has not done anything detrimental to this land, which was handed over to the government, he added.
In 2005, Tata Tea transferred management control of 17 tea estates in Munnar to KDHP in which employees hold a 69 per cent stake.
However,
Tata Tea continues to support welfare activities in Munnar
such as a high school, a hospital and a complex for differently-abled
people.
.jpg "RBI keeps repo rate unchanged as focus remains on inflation")
.jpg "Indian Oil, Panasonic team up for lithium-ion cell production in India")
