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Punjab National Bank (PNB) has signed a Memorandum of Understanding (MoU) with the Federation of Cold Storage Associations of India to boost agricultural infrastructure and cold chain development in India. The partnership aims to reduce post-harvest losses, enhance agricultural value chains, and empower the agricultural community. The collaboration will enable farmers to access modern storage facilities, improving their chances of getting better price realisations for their produce. The MoU will also help create a sustainable and efficient ecosystem for farmers and agribusinesses, leading to improved movement of agricultural produce to markets. The partnership was welcomed by industry leaders, with President of the Federation of Cold Storage Associations of India, Mukesh Aggarwal, stating that it will improve the fortunes of the farming community by providing access to state-of-the-art storage and logistics solutions.

Source: http://www.uniindia.com/pnb-federation-of-cold-storage-associations-of-india-sign-mou-to-strengthen-agri-infra/business-economy/news/3349495.html