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 Shiromani Akali Dal (SAD) on Friday condemned the Congress government in Punjab for allegedly discriminating against teachers and forcing them to come to the streets, and asked state Education Minister Vijay Inder Singla not to behave in an 'arrogant' and 'dictatorial' manner and resolve the grievances of government school teachers immediately.
Shiromani Akali Dal (SAD) president Sukhbir Badal on Thursday demanded a high court monitored probe into the manner in which the Congress government in Punjab was playing with the people's lives by creating an artificial shortage of vaccines by selling vaccine doses at a hefty profit to private hospitals.
The electronic conversation took place as US President Joe Biden announced on Thursday that India will receive Covid vaccines directly from the US stockpile, the White House said.
The Chief of Army Staff (COAS), General M.M. Naravane, reached Kashmir on Wednesday on a two-day visit to review the prevailing security situation in the Union Territory (UT), the army said in a statement.
"There have been several unfounded media reports that have peddled misinformation among the masses regarding this exercise of national importance," a ministry statement said, adding that the total number of Covid vaccine doses administered in the country so far stand at 21,85,46,667.
The Congress said that it was "appropriate for our initial statement to note that the intrusion by Israeli forces into the Holy Al Aqsa mosque during Ramzan prayers had ruptured the delicate peace in the region".
