Reliance supports farmers’ demand for fair price

The Reliance JioInfocomm, filed a petition before the Punjab and Haryana High Court, in which it had sought urgent government intervention to stop the vandalism of its towers.

Mukesh Ambani led Reliance Industries Limited (RIL) said the company would always support the Indian farmers’ demand for a “fair and profitable price on a predictable basis” for their produce, and that the company had no plans to enter corporate on contract farming, now or in the future. “Neither Reliance nor any of our subsidiaries has purchased any agricultural land, directly or indirectly, in Punjab/Haryana or anywhere else in India, for the purpose of “corporate” or “contract” farming. We have absolutely no plans to do so,” the company said in a statement. RIL is one of the two companies farmer groups believe are likely to benefit from the new farm laws. The other company is Gautam Adani-led Adani Group.


RIL also sought to dispel this claim, and said that it had neither purchased any agricultural land in the two states, nor would the company ever enter into any “long-term procurement contracts to gain unfair advantage over farmers”.
“Reliance and its affiliates fully share and support the aspiration of Indian farmers to get a fair and profitable price on a predictable basis for what they produce with exemplary hard work, innovation and dedication…Indeed, we shall insist on our suppliers to strictly abide by the Minimum Support Price (MSP) mechanism, and/or any other mechanism for remunerative price for farm produce, as may be determined and implemented by the government,” the company said.
 
 
The company  through its subsidiary Reliance JioInfocomm, filed a petition before the Punjab and Haryana High Court, in which it had sought urgent government intervention to stop the vandalism of its towers.The company also said that it had, through its subsidiary Reliance JioInfocomm, mentioned a petition before the Punjab and Haryana High Court, in which it had sought urgent government intervention to stop the vandalism of its towers.

India Scanner News Network

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