Home Current Affair July 2020 Balaram - New Agricultural Credit Scheme for Landless Farmers

Balaram - New Agricultural Credit Scheme for Landless Farmers


  • The 14th Chief Minister of Odisha state Shri Naveen Patnaik has launched a new agricultural credit scheme "Balaram" for landless farmers, who were facing a crisis due to COVID-19 lockdown. This scheme has been designed in collaboration with the National Bank for Agriculture and Rural Development (NABARD).
  • Balaram Scheme,
    - Under this, Around 7,00,000/- landless farmers will get benefits.
    - It will provide agricultural credit worth Rs 1,040 crore to landless farmers in the next two years.
    - The credit will be provided to farmers through joint liability groups in every district of Odisha state.

Published On : 07 Jul 2020

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