1 day ago
Gujarat Agro Corporation Presents Dividend, Plans New Agricultural Projects
Gujarat Agro Industries Corporation gave the Gujarat government dividend cheques worth Rs 15.37 crore.
The money covers two financial years.
Chief Minister Bhupendra Patel received the cheques in Gandhinagar.
The corporation helps farmers obtain fertilisers and other agricultural supplies.
It provides these products through about 1,156 centres across Gujarat.
It also promotes farm machinery and food-processing industries.
A new agriculture innovation hub is being built in Ahmedabad.
The corporation is studying projects involving GI tags, millets, and banana fibre.
These projects could support new ways to use farm products.
Gujarat Agro Industries Corporation presented dividend cheques totalling Rs 15.37 crore to Chief Minister Bhupendra Patel.
The dividend includes Rs 11.14 crore for 2023-24 and Rs 4.23 crore for 2024-25.
The state-run corporation supplies agricultural inputs through about 1,156 Agri Business Centres across Gujarat.
An Agri Business and Innovation Hub is being constructed at Tragad in Ahmedabad.
Project reports are being prepared for GI-tag initiatives, millet value addition, and banana fibre processing.
- Who
- Gujarat Agro Industries Corporation presented the cheques to Gujarat Chief Minister Bhupendra Patel; Minister of State for Agriculture Ramesh Katara and Principal Secretary R.C. Meena made the presentation.
- What
- The corporation presented Rs 15.37 crore in dividends and briefed the Chief Minister on its operations and proposed agricultural projects.
- Where
- The presentation took place in Gandhinagar, Gujarat, while one planned innovation hub is being built at Tragad in Ahmedabad.
- When
- The cheques were presented on Tuesday; the dividends cover the financial years 2023-24 and 2024-25.
- Why
- The dividend reflected the corporation’s contribution to the state government, while the briefing outlined its agricultural supply network and future initiatives.
Key facts
- Total dividend
- Rs 15.37 crore
- Dividend for 2023-24
- Rs 11.14 crore
- Dividend for 2024-25
- Rs 4.23 crore
- Agricultural supply network
- About 1,156 Agri Business Centres across Gujarat
- Corporation established
- 1969
- Innovation hub
- Under construction at Tragad in Ahmedabad
- Proposed initiatives
- GI-tag projects, a millet value-addition unit, and a banana fibre extraction and powder-processing unit
Sources
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