Mangaluru: Panama Group set to buy farm produce from distressed peasants over meagre prices

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Pics: John V Tauro
Bellevision Media Network

Mangaluru, 05 Jun 2021: At the backdrop of second wave of Corona-19, Congress leader Ivan D’Souza-led group distributed 14,000 food packets to migrant laborers who are stranded in city without work, beggars living off streets and orphaned.  They also distributed ration kits to 4,350 poor families and daily wagers.  Meanwhile, Panama Group earmarked Rs 50 lac to provide ration kits to 5,000 distressed families in Dakshina Kannada district, said Panama Group chairman Vivek Raj Poojary.



Addressing the media persons, here on Saturday, June 5, Vivek Raj further said, ‘In order to help the distressed farmers who are dumping their crops into the street because of meagre rates; we would procure their produce through our manpower and transport.  We would buy vegetables and fruits from across Karnataka by ferrying in 13 freezer trucks.  About Rs 75 crore are reserved for these purchases, added Vivek Raj.


Panama Group CEO Razak was present.


About Panama Group


Panama Corp was the global growth company selected by the World Economic Forum in 2010 till 2017.


It’s a farming company based in the southern Indian state of Karnataka. Corporate farming company having its operations under the foothills of Western Ghats. They grow ginger, turmeric, potatoes, green peas, onions on open door farming. They are exploring partnerships to grow indoor farming through Hydrophonics, green house in a totally controlled environment. To grow and offer good quality crops in a controlled environment less dependent on water and climatic conditions.


It’s a leading company that grows cash crops and has a vision to scale their concept of farming from farm to retail stores, having the concept of small 800 to 1000 sq ft retail store models to sell their farm products and grocery in southern India.


They have ambitious plans to venture into country chicken and quail farming. Chicken grown naturally and without steroids Injected into them.




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