Odisha

CM Inaugurates Cooperative ‘Cooperation At Your Doorstep’ Programme

Bhubaneswar: Chief Minister Naveen Patnaik on Tuesday inaugurated a new cooperation related awareness programme titled ‘Cooperation at your doorstep’ at state secretariat here.

Speaking on the occasion, the Chief Minister said, “The government has taken a number of steps for the development of agriculture and farmers in the state. Crop loans up to Rs 50, 000 are being provided to farmers at 1 percent rate of interest and the conditions for availing term loans have also been relaxed for share linkage groups.”

“About 65 percent of agricultural loans are being provided to farmers through cooperative organisations. Target has been set to providers 1, 000 crore towards term loans and Rs 200 crore for credit linkage of joint liability groups”, the CM added.

A memorandum of understanding was signed between NABARD and Odisha State Cooperative Bank (OSCB) for formation of credit linkage of joint liability group.

On the occasion, the Chief Minister unveiled the vision document prepared by cooperation department for strengthening the short term cooperative credit structure.

He also awarded three best performing Primary Agricultural Cooperative Societies (PACS) with Rs 1 lakh each. They are Purrusottampur of Balasore, Kalamuchhuin of Dhenkanal and Harichandanpur of Keonjhar district.

 

 

OB Bureau

Recent Posts

Send Sheikh Hasina Back: Bangladesh’s Diplomatic Note To India

New Delhi: Bangladesh’s interim government on Monday sent a diplomatic note to India asking the…

30 minutes ago

IREDA Sanctions Over Rs 3000 Cr For Green Energy Projects In Odisha

Bhubaneswar: Indian Renewable Energy Development Agency Limited (IREDA) has sanctioned over Rs 3,000 crore for…

48 minutes ago

Sex With Dead Body Horrendous Act, But Not Rape: Chhattisgarh High Court

Raipur: In a significant observation, the Chhattisgarh High Court has said that engaging in sexual intercourse…

1 hour ago

HC Asks Odisha Govt To Fill Up Vacant Junior Teacher Posts Immediately

Cuttack: The Orissa High Court on Monday reportedly directed the state government to immediately fill…

1 hour ago

40 Youths Stuck In Maldives On Job Promise Plead For Safe Return To Odisha

Bhubaneswar: Over 40 youths, lured to Maldives with promises of lucrative jobs in a private…

1 hour ago

No Attempts To Intimidate British Citizens Would Be Accepted: UK Junior Min After Sikh Groups Allege Harassment By Indian Govt

London: After a number of Sikhs living in the UK alleged that they were being…

1 hour ago

This website uses cookies.