State to give Rs 3,500cr cooperative loan during rabi crop

Bhubaneswar: The Odisha government on Wednesday fixed a target of disbursing co-operative loan of Rs 3,500 crore during the ensuing rabi crop in the backdrop of the devastating Cyclone Phailin and flood that ravaged the state recently.
Announcing this State Agriculture minister Debi Prasad Mishra said, the state government has also decided to take up rabi cultivation in over 33,68,000 hectares.
“Besides, our aim to irrigate 7,20,000 hectares of land will help attain the per acre yield of the crop,” Mishra said.
According to official figures, crops on 671,000 hactares of farm land have been affected by the cyclone and the floods triggered by it. Recently, the State agriculture department after estimating Rs 385 cr crop loss due to the twin calamities, has sought matching funds from the Centre.
Figures further show, 13.3 million people have been affected by the cyclone and floods in 15,578 villages under 1,924 gram panchayats comprising 128 blocks in 18 districts. The losses were severe in coastal districts of Ganjam, Puri, Jagatsinghpur, Bhadrak, Mayurbhanj and Balasore.