January 19, 2021
India’s richest billionaire says he has no ambitions to dominate the country’s farm sector. But his other plans may leave an imprint on it anyway.
After weeks of farmer protests, Mukesh Ambani’s Reliance Industries (RIL) announced this month that the company wasn’t going to embark on “corporate or contract farming.” It also promised to ensure its suppliers would always provide farmers a fair deal. The statement aimed to address farmer fears that farm reforms passed last year will exploit them and will benefit large corporations such as Reliance that are expanding in the grocery business.
Karnataka farmers sell paddy to Reliance Retail above MSP On behalf of 1,100 farmers, who are our company s shareholders, an agreement has been signed on January 6 to sell about 1,000 tonne of their paddy (Sona Masoori rice variety) to Reliance Retail at Rs 1,950 per quintal (100 kg), which is Rs 100 above the MSP of Rs 1,850 per quintal, Swasthya Farmers Producing Company (SFPC) Managing Director V. Mallikarjun told IANS on phone. January 11, 2021 / 07:53 AM IST
About 1,100 farmers in Karnataka signed an agreement to sell their paddy directly to Reliance Retail, arm of Reliance Industries Ltd (RIL), above the minimum support price (MSP) through an agro-based company at Sindhanur in the state s northern region, an official said on Sunday.
Farm Laws Impact: Reliance To Buy 1,000 Quintal Paddy From Raichur Farmers, To Pay More Than MSP swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
K taka farmers sell paddy to Reliance Retail above MSP
By IANS |
Published on
Sun, Jan 10 2021 17:03 IST |
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Karnataka farmers sell paddy to Reliance Retail above MSP Image Source: IANS News
Bengaluru, Jan 10 : About 1,100 farmers in Karnataka signed an agreement to sell their paddy directly to Reliance Retail, arm of Reliance Industries Ltd (RIL), above the minimum support price (MSP) through an agro-based company at Sindhanur in the state s northern region, an official said on Sunday. On behalf of 1,100 farmers, who are our company s shareholders, an agreement has been signed on January 6 to sell about 1,000 tonne of their paddy (Sona Masoori rice variety) to Reliance Retail at Rs 1,950 per quintal (100 kg), which is Rs 100 above the MSP of Rs 1,850 per quintal, Swasthya Farmers Producing Company (SFPC) Managing Director V. Mallikarjun told IANS on phone.
Under new amendment, over 1,000 farmers in Karnataka sell paddy to Reliance Retail above MSP daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.