Question
Download Solution PDFThe Chief Minister of which of the following states launched the common credit portal - Simplified Application for Agricultural Loans (SAFAL) to increase farmers' access to loans'?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Odisha.
Key Points
- The Chief Minister of Odisha, Naveen Patnaik, launched the common credit portal - Simplified Application for Agricultural Loans (SAFAL) on June 17, 2021.
- The SAFAL portal aims to increase farmers' access to credit and loans by providing a simplified application process.
- The portal will also enable farmers to track their loan applications and receive timely updates on their status.
- The SAFAL portal is a joint initiative of the Odisha State Cooperative Bank (OSCB) and the Directorate of Agriculture and Food Production.
- The launch of the SAFAL portal is expected to benefit around 7 lakh farmers in Odisha.
Additional Information
- Maharashtra:
- The state government of Maharashtra has launched several initiatives to support farmers, including loan waiver schemes and the Mahatma Jyotirao Phule Farmer Loan Waiver Scheme.
- West Bengal:
- The state government of West Bengal has launched several schemes to support farmers, including the Krishak Bandhu scheme and the Rupashree Prakalpa scheme.
- Bihar:
- The state government of Bihar has launched several schemes to support farmers, including the Mukhyamantri Kisan Sahayata Yojana and the Bihar Kisan Credit Card scheme.
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