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.
Following is the broad framework of how the state of Jammu and Kashmir will cease to exist after Centre's decision to scrap Article 370 of the Constitution giving special status to Jammu and Kashmir:
Schedule Castes Valmikis from Punjab, West Pakistan refugees, Gorkhas and women living in Jammu and Kashmir for the past six decades were suffering as they were not treated as residents of the state
Prime Minister Narendra Modi's actual countdown for revoking Article 370 and bifurcation of the state of Jammu and Kashmir began during the third week of June, when he chose 1987 batch IAS officer of Chattisgarh cadre, B.V.R. Subramanyam as new Chief Secretary of Jammu and Kashmir.
Making a historic announcement in the Rajya Sabha that triggered bedlam, Shah said: "I am presenting the resolution to revoke Article 370 in Jammu and Kashmir except the first clause 370 (1)."
A five-judge Constitution bench headed by Chief Justice Ranjan Gogoi noted that the report of the three-member mediation panel, headed by former apex court judge Justice F.M.I. Kalifulla, failed resolve the dispute amicably.
