Reliance backs farmers’ protests, quashing rumors of venturing into corporate farming.
RIL released a statement on Monday, stating it has not purchased any agricultural land to get involved directly or indirectly in corporate farming.
Key points:
1. Reliance releases statement quashing murmurs of purchasing agricultural land for corporate farming.
2. RIL backs farmer’s plea of wanting a fair and profitable price for their produce.
3. Demonstrators vandalized many mobile phone towers of the Reliance industries.
Reliance says it is not interested in corporate farming:
On Monday, Mukesh Ambani led Reliance Industries Limited (RIL) stated the agency could constantly help the Indian farmers’ call for a truthful and worthwhile rate on a predictable basis for his or her produce, and that the agency had no plans to go into company on agreement farming, now or withinside the future.
RIL’s towers were vandalized by demonstrators:
The agency additionally stated that it had, via its subsidiary Reliance Jio Infocomm, stated a petition earlier than the Punjab and Haryana High Court, wherein it had sought pressing authorities’ intervention to forestall the vandalism of its towers. RIL is one of the 2 agencies farmer organizations trust are probably to enjoy the new farm legal guidelines. The different agency is Gautam Adani-led Adani Group.
Farmers’ protest gets the support of RIL:
Most of the farmers which have been protesting in opposition to the 3 new farm legal guidelines added approximately through the crucial authorities in September have claimed that the brand new guidelines could provide undue benefit to large agreement farming agencies. The farmers have additionally claimed that large agencies along with RIL and the Adani Group have been buying massive tracts of farmland in Punjab and Haryana, wherein they deliberate to adopt agreement farming and installation personal mandis, which could undermine the authorities-run mandis.
RIL denies buying agricultural land directly or indirectly:
RIL additionally sought to dispel this declare and stated that it had neither bought any agricultural land withinside the 2 states nor could the agency ever input into any long-time period procurement contracts to advantage an unfair benefit over farmers.
