Daylight robbery : Patanjali get 1000 plus acres of land for throw away price

Daylight robbery Patanjali get 1000 plus acres of land for throw away price

The Patanjali group was founded by Ramdev in 2006. The government has allotted 1000 plus acres of land  to yoga guru Ramdev, founder of Patanjali at throwaway price. Are these government schemes or Daylight robbery?

It is known news that The Maharashtra government has allotted 600 acres of land for Baba Ramdev’s Patanjali Yogpeeth for its ayurvedic products unit and an orange processing plant. The allotted SEZ land is part of the investment heavy Multi Modal International Passenger and Cargo Hub in Nagpur.  Ramdev had earlier expressed interest in using the produce from Maharashtra’s forests for his ayurveda company.

The UP government has granted 455 acres to yoga guru Ramdev’s Patanjali Yogpeeth, for industrial and institutional use (430 acres for industrial purpose and 25 acres for institutional use).  The land is located in sectors 24, 24A and 22B on a 120-metre wide road that is connected to Yamuna Expressway. The spot is located around four kilometres from the Buddh International Circuit (BIC). The Yamuna Expressway provides connectivity between Greater Noida and Agra.

Last year, Andhra Pradesh government has also allotted 173 acres (Rs 3 lakh per acre) of land to Baba Ramdev-promoted Patanjali Ayurved Limited for setting up a mega food park in the north coastal district of Vizianagaram. Patanjali signed a memorandum of understanding (MoU) with the Telangana government, in the presence of Nizamabad MP Kavitha Kalvakuntla, to set up a food processing unit in the state with an investment of Rs 1000 Cr.

Baba Ramdev had set a target a turnover of Rs 20,000 Cr by 2020. However, in the last financial year, which ended in March 2018, the company witness decline in its sales by over 10% to Rs 8,148, a first since 2013.