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The agrarian state of Punjab has taken a major step towards value addition in its produce, with the introduction of blockchain traceability-based certification system.
The system, which allows for instant tracing of the entire lifecycle of food products from origin through every point of contact to the consumer, has been introduced for potato seed. With more growers opting for it, it will be introduced for the organic produce grown by 5,000 farmers in the state.
It is PAGREXCO, a subsidiary of PAIC, that is implementing the blockchain traceability-based certification system for potato seeds during the current rabi season. Punjab is among the largest producers of potato seeds in India, with the production this year pegged at 6.25 lakh tonnes. The seeds produced in the state are sent all over the country, and this year, it is expected to garner Rs 1,000 crore business for the state’s potato seed growers (getting a price of Rs 16,000 per tonne).
By: Kirandeep kaur ProfileResourcesReport error
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