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Bank of Baroda-Lawrencedale Agro Processing sign MoU to help double farmer's income

ANI  |  New Delhi [India] 

Aiming to assist the in doubling of farmer's by 2022, of Baroda on Tuesday entered into a Memorandum of Understanding (MoU) with Lawrencedale Agro Processing Pvt. Limited.

With this, of Baroda will help the farmers, companies and other associated parties involved in supply of vegetables and fruits procured by LEAF, a well-established company engaged in various agriculture activities like procurement, aggregating, grading, sorting, cleaning, packaging, storage, transportation and distribution of fresh fruits and vegetables.

"We have entered memorandum of understanding with Lawrencedale Agro Processing Pvt. Limited to work jointly and to provide loans to the farmers. This relationship of of Baroda, one of the banks of our country, with Lawrencedale Agro Processing Pvt. Limited will immensely benefit the farmers in increasing their productivity and earnings," said G.B.Bhuyan, Head- Rural and Agri and CSR.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 25 2017. 12:57 IST