PNB asks officials to help achieve doubling farmers' income by 2022

Published : Sep 6, 2019, 12:31 PM IST

PNB Managing Director Sunil Mehta said the bank has asked its agriculture officers to close liaise with farmers of their areas to understand their needs, extend timely farm credit and advise them to adopt modern technology to increase the farm productivity.

PNB asks officials to help achieve doubling farmers' income by 2022

PNB

New Delhi: Punjab National Bank (PNB) has asked its officials to work and contribute in doubling of farmers' income by 2022.

Addressing two-day Agriculture Conclave, PNB Managing Director Sunil Mehta said the bank has asked its agriculture officers to close liaise with farmers of their areas to understand their needs, extend timely farm credit and advise them to adopt modern technology to increase the farm productivity.

There is a need to increase the investment credit in agriculture for creation of enablers/infrastructure for farmers in rural and semi-urban areas to generate additional source of income and help them in doubling their income by 2022, the bank said in a statement.

New Delhi: Punjab National Bank (PNB) has asked its officials to work and contribute in doubling of farmers' income by 2022.

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BIZ-MOTHERDAIRY-PRICE (CORRECTED)
Mother Dairy hikes cow milk price by Rs 2/litre
(Eds: Changing word in para 8)
New Delhi, Sep 5 (PTI) Leading milk supplier Mother Dairy has increased price of cow milk by Rs 2 to Rs 44 a litre in Delhi-NCR, with effect from Friday.
The retail price has been increased as the company is paying more to farmers for procuring raw milk.
However, there will be no increase in rates of other variants of milk.
Raw cow milk prices have firmed up to the tune of Rs 2.50 to Rs 3 per litre in the last two-three months, Mother Dairy spokesperson told PTI.
"Hence, we are compelled to increase the consumer prices of Cow Milk variant.
"The prices as effective from September 6, 2019 are Rs 23 for 500 ml pack and Rs 44 for 1 litre pack. There has been no change in prices of other milk variants," the official said.
With Mother Dairy increasing the price of cow milk, other competitors like Amul and Parag Milk may also increase their price.
Mother Dairy supplies around 30 lakh litre milk, of which 8 lakh litre constitutes cow milk, in the Delhi-NCR region.
In May this year, the company had hiked price of milk by Rs 2 per litre. In case of cow milk, there was no increase in one litre pack, but rate of half-litre pack was increased by Rs 1. PTI MJH NKD
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PNB asks officials to help achieve doubling farmers' income by 2022

PNB Managing Director Sunil Mehta said the bank has asked its agriculture officers to close liaise with farmers of their areas to understand their needs, extend timely farm credit and advise them to adopt modern technology to increase the farm productivity.

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