In his Face Book post Aditya Yadav conceded that the cooperative is in extremely dire straits as it is faced with stiff competition from national and international companies in buying food-grains direct from farmers in the state.
The cooperative’s food-grain procurement has dipped sharply and if it is to revive again it has no choice but to go in for diversification of its business activities. Now PCF is planning to enter into real state in a big way by building malls and buildings, felt Aditya.
And additionally, there is an urgent need for all cooperatives to use the latest professional ideas and methods to be able to survive in the existing fiercely competitive environment, Mr Yadav underscored.
He added the central govt has not provided the PCF with fertiliser as much as is needed in the state and he straightaway put it down to what he termed extraneous considerations.
Mr Yadav has recently been elected one of the directors of the International Cooperative Alliance- the lone candidate from India.