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NABARD an important partner in Odisha’ development: CM Naveen Patnaik

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KalingaTV News Network

Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Wednesday lauded the National Bank for Agriculture and Rural Development (NABARD).

“NABARD has been an important partner in the development process of Odisha. I expect it to further widen its operations for the state government for agricultural assets, rural infrastructure and various other critical gap funding programmes,” said Patnaik while addressing the State Credit Seminar organised by Odisha Regional Office of NABARD today.

“I am happy to know that the NABARD has provided developmental financial assistance of Rs 14,715 core during the last year and during the current year, it is expected to cross Rs 16,000 crore,” he added.

The Chief Minister further said, “I am glad that the NABARD has prepared the State Potential Linked Credit Plan that has projected the total credit demand under priority sectors for the year 2018-19 at Rs 71,419 crore as reflected in the ‘State Focus Paper’. Under Agriculture Sector, the State Level Plan has estimated credit flow of Rs 38,378 crore in the State during the next financial year.”