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Punjab inks MoU with Monsanto to set up 3 Centres of Excellence

Posted on Feb 13, 10:56AM | UNI

Chandigarh, Feb 12 : The Punjab Government today inked aMemorandum of Understanding (MoU) with the Monsanto Holdings Private Limited to jointly establish three Centres of Excellence for the promotion of cotton, maize and vegetables in the state.

Stating this here, a spokesman for the Chief Minister's Office said the MoU was signed by Financial Commissioner Development (FCD) GS Sandhu and CEO (India Region) Monsanto Holdings Private Limited Gynendre Shukla in the presence of Punjab Chief Minister Parkash Singh Badal here.

According to the MoU, a long term partnership and collaboration in the field of Agriculture would be established for sustainable agricultural growth in the state.

Both the State Government and Monsanto Holdings Private Limited would explore the possible areas of partnership and use collective expertise for the evaluation, development and implementation of practical solutions to enhance agricultural productivity in Punjab.

Highly appreciating the joint efforts taken by the Monsanto with the state government, Mr Badal asked the FCD to immediate constitute a team of his officers and the representatives of Monsanto to finalise the sites for these centrds.

He also suggested establishing a Centre for Cotton in Bathinda district, for Maize in Doaba region and for vegetables in Amritsar district.

Mr Badal said the state had already prepared the crop diversification plan and these centres could play a vital role for the effective implementation of this plan through providing all technical know-how and by establishing coordination with the farmers at grass root levels.

He also emphasised the need to introduce the mechanical harvesting of the Cotton in the state.