How a firm with links to Ramdev’s Ruchi Soya got preferential treatment

Pipeline project to supply edible oil to the yoga guru’s company, put up in violation of the CRZ law, is allowed to get away with less onerous obligations than what an official amnesty entails.

In late November 2020, packaged consumer goods company Ruchi Soya sent a notice to its shareholders about some noteworthy appointments to its board. While yoga guru Ramdev was to be made a director, his brother Ram Bharat was to be the managing director and close aide Acharya Balkrishna was to be redesignated as a director. 

A week prior to this announcement, the environment ministry granted clearance to an edible oil pipeline project built by little known Gujarat-based tank storage company BFCL Terminal Pvt. Ltd. The pipeline was built to connect the oil jetty at Kandla port with the firm’s storage …

Author

Akshay Deshmane

Akshay is an investigative reporter and former writer at The Morning Context. Based in Delhi, he writes about the environment, public policy and economy from the lens of the pulls and pressures of an ambitious democracy. Akshay uses the right to information extensively for reporting stories of vital public interest. Over the past decade and more, he has worked for HuffPost India, Frontline, The Economic Times, Down To Earth and DNA.

akshay@mailtmc.com