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Dvara Trust signed a MoU with the Odisha Government to accelerate financial inclusion of farmers

Hyderabad: 4/8/19:Dvara Trust, a pioneer in the financial inclusion space, signed a Memorandum of Understanding (MoU) with the Odisha Government to accelerate financial inclusion of farmers, especially landless and tenant farmers of the state.

The agreement was signed in the presence of the Agriculture Minister, Arun Kumar Sahoo yesterday. Under the agreement, in close coordination with the Agriculture & Farmer Empowerment Department, Government of Odisha, Dvara Trust will lead an on-going pilot, along with its partners, to deploy a holistic data-based platform that supports farmers through the life-cycle of the crop. The pilot will integrate access to credit, insurance, farming advice and application of state-of-the-art technologies aimed at improving the livelihoods of farmers.

As part of the pilot, Dvara Trust through its new start-up Dvara E-Registry, will apply advanced algorithms and technologies like artificial intelligence, machine learning, remote sensing and satellite imagery, and combine these with ground-level insights to offer, in coordination with its partners Dvara KGFS (a systematically important NBFC in the Dvara Group regulated by RBI), International Food Policy Research Institute (IFPRI) and Precision Agriculture for Development (PAD), customised and timely access to both financial products and information that would aid farmers in enhancing their output.

The agreement paves the way for building an ideal platform that would demonstrate on how technology can help increase credit and insurance access to farmers, particularly financially-excluded landless and tenant farmers, improve risk management at the farm level and devise a comprehensive approach that empowers farmers to make informed decisions.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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