Karnataka farmers sell paddy to Reliance Retail above MSP

"On behalf of 1,100 farmers, who are our company#39;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.

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