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Odisha CM Launches SAFAL Portal

Published on October 28, 2022
Current Context: The Chief Minister of Odisha, Naveen Patnaik, launched a common credit portal SAFAL (Simplified Application for Agricultural Loans) for the welfare of farmers.
Odisha CM Launches SAFAL Portal
  • 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.


Q.1 Recently SAFAL portal was launched in?
a. West Bengal
b. Madhya Pradesh
c. Rajasthan
d. Odisha

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