(From India Business Insight)
Punjab State is in the process of diversification from agriculture to agri business by encouraging farmers to replace rice-wheat 2-crop pattern with high commercial crops.
For this, Punjab Agro Food Corporation (PAFC) has entered into alliances with various corporate firms.
PAFC expects to cover 4 lakh acres under multi-crop multi-year contract farming programme by 2003 and aims at bringing 25 lakh acres under contract farming by 2007. During 2003, about 4,00,000 acres will be …