No plans to enter contract farming, buy agricultural land: RIL
Reliance Industries has said that it is not in the business of corporate or contract farming and has no plans to enter this business, the Mukesh Ambani-led conglomerate said in a statement on Monday, clarifying its position in the backdrop of the farmers’ protest.
RIL said it is filing a petition later in the day at the Punjab and Haryana High Court, seeking urgent intervention by government authorities to stop the “illegal acts of vandalism by miscreants.”
“Reliance Industries have not done any “corporate” or “contract” farming in the past, and have absolutely no plans to enter this business. Neither Reliance nor any of our subsidiaries has purchased any agricultural land, directly or indirectly, in Punjab or Haryana or anywhere else in India, for the purpose of “corporate” or “contract” farming,” RIL said.
“We have absolutely no plans to do so.”
Indian farmers have been protesting against the three farm acts that were passed by the Parliament of India in September 2020, as they fear it will hurt farmers while benefiting corporates like Reliance Industries. Earlier, some of these protestors allegedly damaged Reliance Jio mobile towers.
The protesting farmers would have discussions for the seventh time later Monday with the centre on resolving this issue.
