The NABARD’s financial support to the State Government, banks and corporations has touched Rs 22,709 crore in 2020-21 which was the pandemic year.
Under Atmanirbhar Bharat Abhiyan, the bank provided Rs 1,700 croreunder Special Liquidity Facility to Cooperative Banks and MFIs.Refinance for short term crop loans to the tune of Rs 12,193 crore was
disbursed to Cooperative Banks and RRBs. To promote capital formation in agri and allied sectors, the NABARD disbursed long term refinance of Rs 1,551.85 crore to Commercial Banks, Odisha State Cooperative Bank and MFI during the year.
The bank sanctioned a whopping of Rs 3,234.25 crore to the Government of Odisha under RIDF Tranche XXVI. This sanction includes 2,510 community-based lift irrigation projects under BKVY scheme, 11Megalift schemes under Cluster-V, 74 rural bridge projects, seven mega piped water supply projects, eight flood protection and one system improvement project.The NABARD also disbursed RIDF assistance of Rs 2,732.75 crore to the State Government for major infrastructure projects like the Indravati Lift Canal Irrigation Project in Kalahandi, five lakh LPD OMFED
automated milk processing units and drinking water projects in Nuapada, Bhadrak, Bargarh, Nabarangpur, Dhenkanal and Jajpur. The bank disbursed an amount of Rs 5,597.50 crore for supporting paddy procurement operations in the State, while Rs 58 crore was sanctioned towards various promotional initiatives.
144 watershed projects were undertaken with financial assistance of Rs 74.92 crore covering area of 1, 12,000 ha and 41,000 households in 24 districts.
Besides, the bank implemented 63 tribal development projects with assistance of Rs 190.61 crore covering area of 41,000 acres and 48,000 tribal families in 21 districts and Rs 2.88 crore towards
promotion of 242 FPOs. Total 8,420 SHGs got assistance for promotion of livelihoods, informed NABARD Odisha Regional Office CGM C Udayabhaskar.