Mahabubnagar/Hydderabad, Nov 14 (Maxim News): MLA G. Madhusudhan Reddy distributed compensation cheques worth Rs 32.46 crore to 89 farmers affected by the proposed BrahMos missile manufacturing unit.
The project is planned across Baswaipalli, Jeenuguralla and Chowdarpally villages in Devarakadra constituency. The farmers are receiving compensation at Rs 20 lakh per acre.
Speaking on the occasion, the MLA said the government initially proposed Rs 14.50 lakh per acre. The amount was calculated based on the prevailing market value.
However, farmers sought higher compensation. Madhusudhan Reddy said he requested Chief Minister A. Revanth Reddy to increase the amount. He sought compensation on par with land acquisition rates in Kodangal.
The MLA assured farmers that the government would provide necessary support. He also promised priority in employment opportunities arising from the project.
BrahMos Unit Expected to Generate Local Employment
Madhusudhan Reddy said several states, including Andhra Pradesh and Kerala, competed to secure the prestigious BrahMos project.
He credited the Chief Minister’s initiative, favourable conditions in Devarakadra and coordination with the State government and Union Defence Ministry for bringing the project to the region.
The proposed manufacturing unit is expected to attract ancillary industries. It could also create employment opportunities for local youth across several sectors.
These include mechanical, electronics, engineering, information technology, research, transport and hospitality.
The project is also expected to accelerate infrastructure development, particularly road connectivity. It could create additional business opportunities in the surrounding areas.
According to the Defence Department’s proposed plan, the project requires 416 acres across the three villages. This includes 347 acres of private land and 68 acres of government land.
A preliminary land acquisition notification was issued on June 29, 2026. The MLA said officials held discussions with farmers on several occasions to obtain their consent.
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