Mukesh Ambani led Reliance Industries Limited (RIL) has been the subject of many contemptuous remarks that are pointed at oil and petroleum sector. Following the reshuffle of the cabinet, RIL's production and cost numbers of its many a famed gas projects, reported oil finds and its call for supportive governance polices have been left at the hind like its many far-reaching endeavors every time a finger is pointed, rationally or otherwise, at the enterprise.
The latest speculation suggests an 'RIL agenda' being framed within the ministerial reorder. Although officials claim there is no such move being made to target any particular industrial house and that it is just the ‘overhang of the current atmosphere', needless to say, RIL continues to hold a silent fort against the ebbing remarks pointed out by the likes of CAG and cabinet ministry.
More often than never, Reliance Industries has maintained a dignified silence on speculative statements that troll around the business and political sphere. In the light of a scam-rich atmosphere, RIL has maintained that it has always fully complied with the requirements of the government policies at all times in conducting its operations.
It is, indeed, disheartening to see RIL's effort go to dearth, when most its operations are standalone names when it comes to efficient and timely function and healthy economic contributions. For instance, RIL's KG D6 exploration and development project has been a significant contributor to the country's economy and has been acclaimed worldwide for its cost effectiveness, timeliness, watertight execution and smooth commissioning. Its refineries are class apart and its consistent efforts to rope in foreign partners in exploring and developing rich reserves have brought in significant FDI and technical superiority to the function.
The present government body has been shrouded by a horde of scams and the price of its irregularities is being served by entities like RIL who have for long functioned in the better interest of the same. While RIL's economy friendly efforts outweigh any allegation, it must be realized that RIL is a sound enterprise that is capable of fixing its own irregularities, if any, without outside bodies raising a question about the same.
About the AuthorReliance continues to hold a silent fort against the ebbing remarks pointed out by likes of CAG.
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