Punjab sets up board for agriculture, horticulture promotion
Darpan News Desk IANS, 16 Aug, 2021 12:12 PM
Chandigarh, Aug 16 (IANS) To promote agriculture and horticulture in the state by boosting the crop diversification programme, the Punjab cabinet, chaired by Chief Minister Amarinder Singh, on Monday approved the merger of Punjab Agro Juices Ltd (PAJL) with the Punjab Agri Export Corp Ltd (PAGREXCO).
The Cabinet approved the proposal of the Agriculture and Farmers' Welfare Department for the merger as per the recommendations of the Board of Directors of PAGREXCO and PAJL and the officers' committee headed by the Chief Secretary.
The merged entity would be called Punjab Agri Export Corp Ltd, an official spokesperson said after the Cabinet meeting, which also authorized the Managing Director, Punjab Agro Industries Corporation Ltd (PAIC), to perform all such acts and deeds which are necessary for the implementation of the merger scheme and to make the merger scheme effective.
The merger would lead to better utilisation of resources of the PAJL with the PAGREXCO, creation of synergy, better economies of scale, expansion of operations, stronger farmer connect with forward and backward linkages, common branding and marketing to have a better consumer outreach, which will ultimately benefit the farmers and the agriculture sector of the state.
As per the merger terms and conditions, the new entity is envisaged as a company, and the entire decision making would be vested in the Board of Directors.
The Chairman of the merged entity will be an eminent horticulturist with experience in agribusiness.
The Board of Directors shall be appointed based their professional competencies from the areas of horticulture, marketing, finance, etc.
Chairing a high-level meeting to review the demands of the striking employees, he expressed concern over their continued agitation, which has severely impacted the functioning of various state government departments.
The opposition has been continuously attacking the government after it told the Parliament on July 20 that states have not reported any death due to oxygen during the second wave.
Amid the Pegasus snooping row on politicians, journalists and others, former Home Minister P. Chidambaram on Monday alleged that the government was aware of the snooping
Speaking on the occasion, the Chief Minister said that through this portal, the government will receive feedback from the people and also inform them about the various schemes of the government.
According to officials, several people of Khakrai village had allegedly consumed alcohol on Saturday, after which three persons died on Saturday and Sunday. As the incident came to light, State Excise Minister Jagdish Devda assured strict action.
