Balaram Yojana 2020 [Odisha] Apply Online for Free Loan

After the huge success of Kalia Yojana, the Government of Odisha is going to launch Balaram Yojana 2020. Now every landless farmer can get the benefit of the convenient agricultural loans. In this post, we have mentioned all the important information like the benefits of the scheme, eligibility criteria, application procedures, etc. So, continue reading the post.

Balaram Yojana-2020

balaram-yojana-odisha

As per my knowledge, due to the Covid-19 pandemic, more than 2 lakh people are jobless in Odisha. For the welfare and development of these landless daily laborers, the state Government will provide an affordable loan under Balaram Yojana-2020. On 2nd July 2020, the state Chief Secretary AK Tripathi chaired a high-level meeting regarding the landless farmers. After that, he announced that the Odisha Government will fund a relief package of Rs.1040/- crore for the farmer’s welfare.

Balaram Yojana Plan

Under Balram Yojana, the State Government will provide loans to 7 lakh unique farmers. All the loans will be distributed through Joint Liability Groups (JLG). As per the statement of Horticulture Secretary Mr. Saurabh Garg, all the landless farmers will get the loan through JLG. Finally, the Agricultural Technology Management Agency (ATMA) will make all the arrangements for this scheme at the ground level. The Institute on Management of Agricultural Extension (IMAGE) will manage the fund.

Benefits

The Balaram Yojana will provide the loan to the landless and jobless farmers. Hence, these people will utilize this money for the formation of new business. As a result, they will create some jobs in the market. So, there will be growth for Odisha and India.

Important Notes

Name of the SchemeBalaram Yojana
Launched StateOdisha
Launched byCM Naveen Patnaik
Launch Date02 July 2020 (Announced)
ObjectiveCrate Employment
Official Websitewww.odisha.gov.in

Eligibility Criteria for Balaram Yojana

Following are the eligibility Criteria of this scheme:

  1. The applicant must be a permanent resident of the state Odisha
  2. He should not be an owner of any cultivation land
  3. Must be a registered farmer

Required Documents

As this is a important scheme for landless farmers, so the following documents are needed:

How to Apply Balaram Yojana Online?

Recently the official meeting regarding Balaram Scheme was conducted. Hence, after that the Cabinet ministers will pass the scheme in state cabinet. After that the Government will tell the application procedure. However, we have prepared a demo application procedure below. You may have to follow the following steps:

  • Firstly, you have to visit the specially designed Balaram Yojana official website.
  • Now, click on the New Farmer Registration link.
  • Next, enter your Aadhaar Card Number and click on the Next button
  • After that, fill the application form with the bank details.
  • Finally, click on the Save button to submit your application

Also Read: Pradhan Mantri Shram Yogi Mandhan Pension Yojana (PM-SYM)- 2020

Balaram Yojana Odisha 2020 Full Details | Landless Farmers Loan Scheme

Final Notes

Finally, I would like to say Balaram Yojana is a good initiative by the Odisha Government for the development of landless farmers.

If you find anything helpful, then share this post with your fellow. Lastly, put your question and feedback about this scheme in the comment section.

Click Here for the Latest Odisha Government Yojana

FAQ

  1. When will the Balaram Yojana will be launched?

    As per the expectation of experts, Balaram scheme may come into play at the end of July.

  2. Are all farmers are eligible for this scheme?

    No, only landless farmers are eligible for this scheme.

  3. Are Kalia Yojana Beneficiaries are eligible for this scheme?

    No, Kalia Yojana Beneficiaries are not eligible for this scheme. Only Landless Kalia Yojana Beneficiaries are eligible.

  4. What is the application fee for Balaram yojana?

    There is no application fee required for Balaram Yojana.

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