Sri Om Industries Rice Mill

A rice milling business involved in custom milling agreements for the Telangana Civil Supplies Corporation.

CCI Score

-54.07

0.03% April 18

Latest Event

Misappropriation of Paddy Funds and Bribery Scandal Involving Rice Millers

The article outlines a corruption scandal in which eight rice millers allegedly misappropriated hundreds of crores worth of state-allocated paddy through bribery and misuse of legal stays. This behavior highlights unethical business practices and potential regulatory capture that undermine public trust and fair state oversight.

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QUISLING

Sri Om Industries Rice Mill is currently rated as a Quisling.

-44 to -59 CCI Score

These companies are fully aligned with authoritarian regimes. They not only support but also enforce oppressive policies, playing a significant role in the regime’s operational apparatus and contributing directly to its consolidation of power.

Latest Events

DEC

27

2024

Misappropriation of Paddy Funds and Bribery Scandal Involving Rice Millers
-72.18

The article outlines a corruption scandal in which eight rice millers allegedly misappropriated hundreds of crores worth of state-allocated paddy through bribery and misuse of legal stays. This behavior highlights unethical business practices and potential regulatory capture that undermine public trust and fair state oversight.
-70

Business Practices and Ethical Responsibility

March 20

The company, operating within a sector marred by allegations of misappropriating state-allocated paddy, appears to engage in unethical business practices. The reported bribery to secure paddy allocations indicates a disregard for fair, transparent dealings and ethical responsibility, thereby undermining public trust in corporate conduct.

Rice Worth Rs. 420 Cr Misappropriated
-80

Economic and Structural Influence

March 20

The scandal also reveals elements of regulatory capture, where bribery and manipulation of official processes allowed rice millers to secure disproportionate paddy allocations and continue operations despite legal challenges. This undermines regulatory oversight and contributes to broader systemic corruption that can fuel authoritarian practices.

Rice Worth Rs. 420 Cr Misappropriated
JAN

01

2022

Forced Labor Vulnerabilities Reported in Indian Rice Mills
-35.96

A report by the U.S. Department of State highlights forced labor vulnerabilities among various sectors in India, including rice mills. This raises serious concerns for Sri Om Industries Rice Mill, given its involvement in rice milling under agreements with a government civil supplies corporation, potentially implicating it in labor rights abuses against marginalized communities.
-50

Labor Relations and Human Rights Practices

March 20

The U.S. Department of State report on human rights practices in India specifically mentions vulnerabilities and instances of forced labor in rice mills, where marginalized groups, including women, Dalits, and tribal communities, are at risk. Given that Sri Om Industries Rice Mill operates within this sector, there is justified concern about the company's labor practices, negatively impacting its ethical responsibility score.

2022 Country Reports on Human Rights Practices: India