The PAU vice-chancellor, Baldev Singh Dhillon, who is also on the panel, was present at the meeting.
The members expressed concern over the rising farmers' suicides in the state and stated that growers were reeling under debt.
"There is a need to study why Punjab's farmers are under debt. Even if the loan is waived once, again the same story is repeated next year," a farmer said during the meeting.
The members were of the view that loan waiver can give relief to some extent, but the problem of farm suicide calls for a permanent solution.
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They also deliberated on farm policies and suggested promoting use of bio-fertilizers, stopping burning of straw, maintaining health of land and soil, and forming farmers' groups to create more awareness about vital issues and farm innovations.
On the occasion, T Haque, who leads the panel, said, "There is a need to evaluate and study the reasons leading to farm suicides in the present scenario."
During the deliberations, B S Sidhu, Agriculture Commissioner, Punjab; J S Bains, Director of Agriculture, R.S. Sidhu, Registrar, PAU were also present.
Haque was the former chairman of Commission for Agricultural Costs and Prices (CACP).