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.
The required measures, including development of infrastructure like construction of roads, tunnels and strategic railway lines, are taken to safeguard the sovereignty, territorial integrity and security of India, the minister said.
He paid homage to the indomitable courage and sacrifice of the Indian Armed Forces personnel during the Kargil conflict in 1999 by laying a wreath at the Dagger War Memorial in Baramulla during a solemn ceremony.
In a report submitted to the Union Jal Shakti Ministry, the Delhi Government has stated that the minimum environmental flow for dilution of the polluted water in the Yamuna in Delhi will be required to meet the desired water quality levels in the river for bathing.
The farmers have rejected the meagre compensation awarded by the district revenue officers (DROs), who have been designated as competent authority for land acquisitions.
The police recovered a told of 19 vehicles including 12 motorcycles, 6 scooties, and one auto, from their possession. The accused persons of the first gang were identified as Mohit, Sachin and Gaurav, while the second gang members were identified as Wasin and Atul Raghav.
In addition to the existing flood-prone Assam, Bihar and Uttar Pradesh, extreme floods (water level above previous highest flood level) were seen in 10 more states, due to excess to large excess rainfall in these states combined with extremely heavy rainfall in short duration, the Parliament was told on Monday.
