Odisha Balaram Yojana 2022- Apply Online

Odisha Balaram Yojana 2022- Apply Online: Odisha Government has started a new Balaram Yojana to provide agriculture loan. This scheme has been started to give Rs 1,040 crore to the landless farmers. This agriculture loan amount will help the farmers who are facing difficulties due to the outbreak of Coronavirus (COVID-19) pandemic. Around 7 lakh landless farmers will be benefited by Balaramyojana in the coming 2 years. In this article, we will tell you about the online application process and how to fill the Odisha Balaram Yojana Online .

Odisha Balaram Yojana 2022

The decision to start Odishabalaramyojana was taken on 2 July 2020 in a high level meeting chaired by Chief Secretary AK Tripathi. All the landless farmers who were earlier unable to get agricultural loans will now get loans through Joint Liability Groups.

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This loan amount will act as social collateral for the landless farmers. The new Balaram Yojana has been designed in collaboration with the National Bank for Agriculture and Rural Development (NABARD). In addition, rural agricultural workers will implement the agricultural credit program at the field level.

In Odisha balaram yojana 2022, State Govt. Will provide loans to the cultivators which will be a firm step towards increasing the productivity in the agriculture sector. Since the nationwide COVID-19 lockdown was imposed to contain the coronavirus outbreak, many landless farmers along with their families had suffered the most. Now there is a need to provide agricultural credit to such farmers, for which new Balaramyojana has been started

Odisha Balaram Yojana 2022 Features

Odisha government has directed the officials to activate the banking sector through the State Level Bankers Committee. SLBC will now provide loan assistance to those landless farmers and sharecroppers who do not get loans due to lack of resources. 2 state-run organizations will be the nodal agencies at the state and district level for the implementation of Balaram Yojana in Odisha.

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  • INSTITUTE ON MANAGEMENT OF AGRICULTURAL EXTENSION(IMAE) will be the nodal agency at the state level for implementation of Balaramyojana.
  • Agriculture Technology Management Agency (ATMA) will be the nodal agency at the district level for implementation of Balaramyojana.
  • Agriculture loan will be made available to the landless farmers in the form of normal crop loan.
  • The State Government has also directed the officers to create a suitable institutional mechanism for coordination and monitoring at various levels.
  • In the next two years, under Balaram Yojana Odisha, about seven lakh landless growers will be benefited.
  • Chief Secretary Asit Kumar Tripathi has directed the officers to provide agricultural loans to the landless farmers through Joint Liability Groups (JLGs).
  • Will cooperate at the state level to implement the scheme. The Agriculture Technology Management Agency (ATMA) will coordinate at the district level.
  • Agriculture Secretary Saurabh Garg said that landless farmers will get loan through JLG which will act as ‘social collateral’.
  • The scheme was formed in collaboration with the National Bank for Agriculture and Rural Development (NABARD).
  • Finance Secretary AK Meena called upon the officials to mobilize the banking sector through the State Level Bankers Committee (SLBC) to provide loan assistance to the landless farmers and sharecroppers.
  • In semi-urban and rural areas, there are more than 7000 branches of various banks and PACS.

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Encourage Farmer Companions in Odisha

Odisha State Govt. It has also been decided to encourage farmer companions and rural agricultural workers through ATMA which will help in the following things:

  • Formation of JLG
  • Linking them to banks
  • Raising loan disbursements
  • Facility for repayment of loans

Each lender will finance at least 10 JLGs in a year. Each JLG will have 5 members and a group will get Rs 1.6 lakh. The target is to cover around 7 lakh landless farmers through 1.40 lakh JLGs within two years. There are about 7,000 branches of various banks and Primary Agricultural Co-operative Societies (PACS) in rural and semi-urban areas.

Odisha Balaram Yojana is the first of its kind initiative to provide agriculture loan in the country. Through this program, field level agricultural workers will get a loan of about Rs 1,040 crore.

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Balaram Yojana Application Form 2022

  • The Odisha Government has set a target of providing agricultural loans to 7 lakh landless farmers in the next two years under the ‘Balaram’ Scheme.
  • While the Institute on Management of Agricultural Extension coordinates the implementation of the scheme at the state level, the Department of Agricultural Technology Management (ATMA) is coordinating at the district level.
  • It has set aside Rs 1,040 crore for this purpose. About 7,000 branches of several banks and primary agricultural cooperatives will organize rural and small towns.
  • It has set aside Rs 1,040 crore for this purpose. About 7,000 branches of several banks and primary agricultural cooperatives will organize rural and small towns.
  • The interest rate and subsidy on the loan amount will be determined as per the guidelines of the State Agricultural Credit Laws.
  • This scheme has been implemented in partnership with National Fund for Agriculture and Rural Development.

Documents Required for Odisha Balaram Yojana 2022

  • Aadhar Card
  • Identity Card
  • Residential Certificate
  • Age Proof
  • Passport size image

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Balaram Yojana 2022 Online Apply

  • The scheme was organized in joint effort of National Bank for Agriculture and Rural Development (NABARD).
  • Agriculture experts will upgrade the program to the field level. In rural and semi-urban areas, there are around 7000 components of different banks and PACS.
  • Around 70,000 sessions can receive ranch development. Five landless livestock farmers will attend each meeting to get a maximum loan of Rs 1.60 lakh.
  • Over the next two years, the state government has focused on providing agricultural loans to seven lakh landless cattle herders.
  • Through this program, there will be a credit flow of about Rs.1040 crores to simple field-level rural exercises.

Benefits of Odisha Balaram Yojana 2022

  • This year, around 70,000 organizations will earn agricultural loans under this scheme.
  • There will be five landless farmers in each community.
  • Official sources said that each group of five landless farmers will get maximum loan of Rs 1.60 lakh.
  • The state government has set a target of providing agricultural loans to seven lakh landless farmers in the next two years.

Odisha Balaram Yojana 2022 Online Registration Form

Follow the steps given below to Online Registration for Odisha Balaram Yojana 2022:-

  • Go to official website, ie https://www.odisha.gov.in/ .
  • Click on the ‘Balaram Yojana Online registration’ button on the homepage.
  • The Application Form page appears on the desktop.
  • Now enter the required information (mention all the details like name, father/husband name, date of birth, gender, caste and other information) and upload the documents.
  • Click on the submit button to submit your final application.

Click here to download Odisha Balaram Yojana Application Form Pdf

Odisha Balaram Yojana 2022– FAQs

Q. What is the loan amount offered in Odisha Balaram Yojana?

A. Applications under Odishabalaramyojana can take an amount of 1.6 lakhs.

Q. What is the interest rate for Odisha Balaram Scheme?

A. The interest on the loan in Odisha Balaram Scheme is fixed by RBI and they will also recover it.

Q. What is the role of farmer companions in Balaram Yojana?

A. farmer companions will form JLG and implement this scheme at village level.

Q. What are the nodal agencies for Balaram Yojana?

A. NABARD is the nodal agency for the programme, it will also be responsible for the implementation of the program at the state and district level.