THE government has decided to establish an integrated company to explore market potential of agriculture produce both at the national and international levels.
This is done keeping in view the potential of large scale business of agri produce and the products being manufactured in the several cooperative departments, including Markfed, Milkfed and Weavko.
The proposed integrated company would work as a special purpose vehicle (SPV) to extend advisory to the farmers for cultivating a specific crop, which has great demand in the international market too, co-operation minister Captain Kanwaljit Singh told reporters here on Thursday.
The company would adopt a single window system, so that farmers could get suitable advisory from one place only, he said, adding that other objectives of the proposed company would be to channelise export of the state's produce and trap the national and international market of products of several cooperative departments.
Asked whether there was any increase in business for the state due to the opening of Indo-Pak trade through Wagha border, he said, “Since, currently there is not much volume of business through the international border, Punjab is yet to get expected hike in the trade”. The minister, who was here for a meeting with the Potato Growers' Association, said efforts were on to take permission to export the potato seeds to European countries.