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NABARD conducted the State Credit Seminar for 2020-21

Bhubaneswar:27/1/20: NABARD conducted the State Credit Seminar for 2020-21 today, in which the State Focus Paper for the State was released, projecting an overall credit potential Odisha under Priority Sector at Rs.90,395.69 crore for the year 2020-21.

The seminar was inaugurated by Niranjan Pujari, Hon’ble Finance and Excise Minister, Government of Odisha and attended by principal secretary, Finance, Regional Director, RBI; Chief General Manager, SBI; controlling Heads of Banks, DDMs of NABARD and other dignitaries from banking and State Govt. depts.

Shri Niranjan Pujari, Hon’ble Minister for Finance and Excise, Govt. of Odisha on this occasion, congratulated NABARD for publishing a well-researched document. He emphasized the need for increasing the Agriculture term loan finance in other allied sector activities such as Animal Husbandry, Poultry, Fisheries etc., leading to asset formation and diversification of the income basket of farmers. He also advised all the banks to increase their banking outreach in unbanked areas of the State in order to help the State Govt. in effective implementation of various developmental programmes and also increase the scope of digital banking and FI across the State. He also highlighted coordinated support from all the stakeholders to make Odisha a leading state in the Indian economy.

Shri Ashok K.K.Meena, IAS, Principal Secretary, Finance, GoO complimented NABARD for highlighting the importance of Agri and allied sector potential in overall credit potential of the state, as 2/3 rd of the state population is dependent on Agriculture and allied activities. He also advised all the commercial banks to increase Agri Term loan financing under various state govt programmes and especially under MMKUY. He urged upon the bankers to focus on FPO and JLG financing under Agri and allied sector and ensured full support of State Govt in working with the banking sector in the state to improve the rural credit scenario.He complimented NABARD for bringing out a well-written document.

Shri M.K.Mall, Regional Director, RBI, Sri A Chandrasekhar, CGM NABARD, Smt. Praveena Kala, CGM, SBI and Sri Sanjay Kumar, GM SLBC and convener SLBC also spoke on the occasion.

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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