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Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Breaking News

State Cooperative Bank, OAIC Pay Dividends To Odisha Govt

OMMCOM NEWS by OMMCOM NEWS
October 6, 2023
in Breaking News, Odisha
State Cooperative Bank

Bhubaneswar: The State Cooperative Bank and Odisha Agro Industries Corporation Ltd (OAIC) on Friday paid the dividends to the State government. Chief Minister Naveen Patnaik received the cheque at his residence.

On behalf of the State Co-operative Bank, Cooperation Minister Atanu Sabyasachi Nayak presented the cheque of Rs 9,00,75,024 to the CM for the financial year 2021-22- 2022-23.

The Commissioner-cum-Secretary of the Cooperation Department, Arvind Agarwal and Chairman of State Co-operative Bank T. Prasad Rao Dora were present on the occasion.

Similarly, Odisha Agro Industries Corporation Ltd (OAIC) paid Rs 5,62,53,794 for the financial years 2020-21 and 2021-22. OAIC chairman Debasish Mohanty presented the cheque to CM in the presence of the Agriculture Department Director and OAIC Managing Director Prem Chandra Chaudhary and other officials.

It is worth mentioning that the OAIC has been paying its dividends to the state government since 2015-16.

Tags: CM Naveen PatnaikState Cooperative Bank
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