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Punjab Agricultural University Receives Rs 40 Crore Allocation in State Budget 2024-25

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PAU Vice-Chancellor Appreciates Punjab Government’s Focus on Agriculture and Research

05 March 2024, Ludhiana: Dr Satbir Singh Gosal, the Vice-Chancellor of Punjab Agricultural University (PAU), expressed his appreciation for the allocation of Rs 40 crore in the capital budget announced as part of Punjab’s budget for the fiscal year 2024-25. The Vice-Chancellor welcomed this move, stating that it would significantly strengthen the Research, Teaching, and Extension (RTE) programs, with a specific focus on skill and entrepreneurship development.

Dr Gosal expressed his sincere gratitude to Punjab Chief Minister Sardar Bhagwant Mann and State Finance Minister Sardar Harpal Singh Cheema for their support. He acknowledged that this allocation would have a lasting impact on the growth and enhancement of PAU’s programs. The Vice-Chancellor emphasized that the allocation demonstrated the Punjab government’s keen interest and deep concern for the state’s agriculture and its farmers.

The budget for the agricultural and allied sectors, amounting to Rs 13,784 crore, and the allocation of Rs 575 crore for crop diversification were also applauded by Dr Gosal. He regarded these budgetary provisions as a testament to the government’s commitment to the welfare of farmers and the agricultural sector in Punjab.

Furthermore, Dr Gosal lauded the announcement of the new initiative, “Punjab Horticulture Advancement and Sustainable Entrepreneurship,” aimed at improving product quality and developing horticulture crop clusters. He highlighted the importance of this initiative in boosting the horticulture sector and promoting sustainable practices.

Revealing that the State government had assured full monetary support to PAU in the future, Dr Gosal assured that the university would maintain its high standards and live up to the expectations of both the scientific community and the farming fraternity in Punjab.

The allocation of Rs 40 crore to PAU in the capital budget, along with the substantial provisions for agriculture and allied sectors, crop diversification, and horticulture, is expected to pave the way for the advancement of research, teaching, and extension programs in the agricultural sector. It is anticipated that these initiatives will contribute to the overall development and prosperity of Punjab’s agriculture and benefit the farming community in the long run.

Also Read: Indian Cotton Prices and Outlook for March 2024: A Mixed Bag for Cotton Producers

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