ZTBL, PARC sign MoU to extend research outreach to farmers


ZTBL, PARC sign MoU to extend research outreach to farmers   

Zarai Taraqiati Bank Limited (ZTBL) and Pakistan Agriculture Research Council (PARC) have entered into an agreement to help farmers improving their livelihood opportunities across the country.

A memorandum of understanding (MoU) to this effect has been signed between the two organizations recently.

Under the agreement, ZTBL and PARC will establish a collaborative relationship in promoting and adapting the latest agricultural technologies, best crop management practices, and agriculture mechanization for improving farm efficiency and for the benefit of the farming community.

Both sides will also develop partnerships for running joint ventures, pilot projects, and research activities.

They will also establish demonstration plots, research trials on modern agricultural machinery, agronomic practices, and crop diversification, and ZTBL will conduct Zarai Baithaks as an integrated approach and invite PARC experts for their research outreach for the appropriate benefits of the farming community in various parts of the country.

Under the agreement, PARC will also facilitate ZTBL in training and capacity building of bank staff in improved agricultural techniques and provide technical assistance and guidance in the transformation of ZTBL Farm Islamabad into an agriculture tourism center.

The PARC will also help the bank in devising and developing new agriculture loan products and value addition in existing loanable credit products.

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