- Through the SAFAL portal, farmers and agricultural entrepreneurs will be able to access more than 300 term loan products from over 40 partner banks.
- The portal will act as a one-stop solution to avail formal sector credit from banks.
- SAFAL will provide complete visibility of demand and disbursal of formal credit in a data-backed manner to the state government.
- At the event, CM Naveen Patnaik said that the portal will simplify the loan application process, hence significantly benefitting both, the farmers and the bank by reducing information asymmetry.
- SAFAL has also been linked to the Krushak Odisha portal and will have access to more than 70 model project reports.
Question:
Q.1 Recently SAFAL portal was launched in?a. West Bengal
b. Madhya Pradesh
c. Rajasthan
d. Odisha
