RIL retail project faces hurdles in West Bengal

KOLKATA — Uncertainty clouds the Rs20 billion agro retail outlet proposal of the Mukesh Ambani-led Reliance Industries Ltd (RIL) in West Bengal, with the company appealing afresh for approval from the government.



By (IANS)

Published: Fri 20 Apr 2007, 9:35 AM

Last updated: Sat 4 Apr 2015, 9:14 PM

"We need to have some clarifications regarding their project," West Bengal State Marketing Board Chairman Naren Chattopadhyay told IANS. "We want to know if the company would buy agro-products directly from the farmers or from the market."

According to the Reliance proposal, Reliance Town Centres (RTCs) to be set up in West Bengal would be "a mix of hyper or super markets, convenience stores, entertainment parks, multiplexes and other public utilities".

These centres would also procure fruits and vegetables and distribute them to Reliance Fresh outlets. Most outlets, covering 2,000 to 5,000 square feet, would be set up on rented premises in and around Kolkata.

But Chattopadhyay expressed worries over compensation. "The most important thing is who will determine the price of vegetables," he asked — the State Marketing Board or private parties.


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