Given disruptions caused by Covid 19, the Odisha govt has disbursed Rs 8,321 crore through cooperatives as crop loans to 18.8 lakh farmers, Reports New Indian Express.
Meanwhile, the Government has targeted to disburse Rs 9,000 crore short-term seasonal agricultural loans to farmer members of the primary agriculture cooperative societies (PACS) during the kharif season.
The cooperatives have accounted for about 70 per cent of the total loan payment, sources add. Officials say in kharif 2019, cooperatives had distributed Rs 7,330.56 crore to 17,91,898 farmers against a target of Rs 7,500 crore.