State Government Sponsored Programmes

This flagship scheme promotes capital investment in agriculture and allied sectors by providing significant subsidies to commercial agri-enterprises, fostering modern technologies and rural employment in the agricultural sector.

Eligibility Criteria

• Permanent residents of Odisha.
• Eligible groups include individual farmers, agri-entrepreneurs, SHGs, and Farmer Producer Organizations (FPOs).

How to Apply

• Prospective applicants can check official guidelines and submit their proposals online through the APICOL MKUY Portal.

The BALARAM scheme is a targeted program in Odisha that delivers collateral-free crop loans to landless farmers and sharecroppers. The government has set aside Rs 1,040 crore to help these farmers through Joint Liability Groups (JLGs).

How It Works

• Joint Liability Groups (JLGs): Landless farmers form small groups of 4 to 5 people. The group serves as "social collateral" instead of physical land.
• Agricultural Credit: Credit is provided to purchase critical agricultural inputs like seeds, fertilizers, and tools.

Under the Silpi Unnati Yojana (SUY), margin money assistance is provided to individual artisans to avail bank loans for setting up their own handicraft production units, promoting traditional crafts and self-employment.

Scheme details

• Applies to individual skilled artisans in recognized handicraft segments in Odisha.
• Aims to lower credit requirements by providing bank loan margin subsidies.

Launched to financially assist manufacturing MSMEs in the State by reimbursing interest paid by them to banks on Working Capital Loans, lowering operating costs and improving working capital stability.

Key Scheme Rules

• Reimbursement is applicable on the interest paid to banks on working capital.
• Designed to mitigate financial stress and boost local manufacturing output.

Kalinga Sikhya Sathi Yojana (KSSY) provides low-interest educational loans from scheduled banks to students in Odisha for pursuing higher professional studies, making higher education affordable to deserving students.

Loan Limits & Repayment Period

• Maximum Loan: Up to ₹ 10 lakh.
• Minimum Loan: No minimum loan amount is specified.
• Period of Loan: Up to 10 years for loans sanctioned up to ₹ 7.5 lakhs, and up to 15 years for loans sanctioned up to ₹ 10 lakhs.

Eligibility Criteria

• The student must be a permanent resident of Odisha.
• The annual family income of the applicant must not exceed ₹ 6 lakhs.
• Loan applications are processed according to standard terms and conditions of individual scheduled banks.

This scheme incentivizes private investments to establish cold storages across the sub-divisions of Odisha, reducing post-harvest losses, preventing distress sales by farmers, improving overall market access, and enhancing income levels.

Objectives & Benefits

• Mitigate agricultural waste by providing temperature-controlled post-harvest preservation.
• Support farmer pricing power by reducing standard immediate post-harvest distress selling.
• Promote food-processing industrial chains and supply stability across Odisha.