Monday, July 15, 2024

Three farm laws : Reliance reiterates it has no plans for contract farming

  • Not purchased any land for agriculture in India
  • No plans of corporate farming, not done in past
  • Files case in Mumbai HC against the vandalisation of Jio Towers in Punjab

Mumbai: In an official statement released by Reliance Industries Limited(RIL) company, they said it has no plans of entering corporate or contract farming in India and they have not purchased any agricultural land  and further clarified that the company is committed to empowering farmers.

The RIL  or any affiliate of it had never done corporate or contract farming in the past and have absolutely no plans in near future to do so and enter business.  We shall insist our suppliers to strictly abide by the Minimum Support Price (MSP) mechanism, and/ or any other mechanism for a remunerative price for farm produce, as may be determined and implemented by the government, RIL statement reads.

Also Read: Farmers to discuss with Union ministers on Wednesday

In the past few weeks, nearly 1500 mobile towers owned by Jio have been vandalised by the farmers in Punjab who are protesting  demanding to repeal three farm laws. RIL today filed a writ petition in HC which reads that malicious and motivated vilification campaign has been going on  against the company which is baseless. It also asked HC to issue orders to protect its employees and property from vandalism. RIL felt that some vested interests and business rivals are behind the attack on their mobile towers.

Also Read: Kejriwal tears up farm laws

Farmers are “ANNA DAATAS” and we have immense gratitude and respect towards them. We believe in building strong and equal partnership with Indian kisans on the basis of shared prosperity, RIL said.

Also Read: Farmers should end protest


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