News Indian Express reports NABARD has given financial support of Rs 22,709 crore to Odisha in the 2020-21 financial year. It had projected Rs 90,395.69 crore as credit requirement for the State in the last fiscal.
Nabard has disbursed Rs 1,700 crore under Special Liquidity Facility (SLF) to cooperative banks and micro finance institutions (MFIs) in the state.
Sources familiar with the development say given Nabard’s liberal financial support Odisha will experience an abundance of credit in the days ahead.