Bhubaneswar: The State Government on Wednesday received dividends from various Corporations under the Department of Agriculture and Farmers’ Empowerment, including Odisha Agro Industries Corporation Limited, Odisha Cashew Development Corporation Ltd, Odisha State Seeds Corporation Ltd and the State Cooperative Bank.
Chief Minister Naveen Patnaik attended the event over video conferencing while Chief Secretary Suresh Chandra Mohapatra received the dividend on behalf of the Government. Minister for Agriculture and Farmers’ Empowerment Ranendra Pratap Swain and Cooperative Minister Atanu Sabyasachi Nayak were present at the event.
The Odisha Agro Industries Corporation Limited paid dividends of around Rs 2.52 crore for the financial year 2018-19 and around Rs 3.10 crore for the financial year 2019-20.
Odisha Cashew Development Corporation Ltd has paid Rs 4,51,200 as dividend for financial year 2019-20. Odisha State Seeds Corporation Ltd paid a dividend of Rs 23.20 crore for 2019-20.
Odisha State Cooperative Bank has announced a 2.16 per cent dividend on the share for the financial year 2020-21.
The State Government has 22.5 per cent stake in the bank. The Government received a dividend of Rs 2.68 crore for the year 2020-21.
