Govt nod to Rs 451.82 cr action plan under OLM

The governing body of Odisha Livelihood Mission (OLM) on Thursday approved `451.82 crore action plan for the current financial year.

Published: 13th July 2018 01:35 AM  |   Last Updated: 13th July 2018 06:05 AM   |  A+A-

By Express News Service

BHUBANESWAR:  The governing body of Odisha Livelihood Mission (OLM) on Thursday approved `451.82 crore action plan for the current financial year. The action plan proposed to mobilise 30,000 new self-help groups (SHGs), cover 782 gram panchayats under the ‘intensive approach’, constitute 600 panchayat-level federations and providing funds for investment to affiliated SHGs, livelihood support to five lakh families, create of 83 organic farming clusters and extend credit support to over 1.35 lakh SHGs.

Chairing a meeting of the governing body of the OLM, Chief Secretary A P Padhi underscored the need to strengthen the producers company developed under the mission. The livelihood mission has been extended to 18,073 villages of 2,332 panchayats and 809 producer groups have been constituted.

The producer groups have transacted business worth `108 crore under three companies during 2017-18, Mission Director S R Pradhan said. He said the the mission had facilitated credit linkage to the tune of `1,504 crore to over 1.01 lakh SHGs in the last financial year as against a target of 80,000 SHGs.

Stay up to date on all the latest Odisha news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.