Reliance denies allegations of engaging in contract farming, buying land

RIL has moved the Punjab and Harayana High Court seeking action against destruction of its telecom assets

Reliance Industries (RIL) is not engaged in contract or corporate farming and has no plans to do so, the company clarified on Monday.

The company said it will also insist to its suppliers to abide by the minimum support price (MSP), as it seeks to assuage farmer unions’ concerns.

Reliance has been a target of the ongoing farmer protests and its mobile towers have been damaged in Punjab. The group’s retail arm controls nearly half of vegetable and fruit sales in the organised retail space and it is being viewed by the agitators as a beneficiary of the new farm laws.

On Monday,