Bhubaneswar: The Odisha Department of Agriculture and Farmers’ Empowerment on Friday signed Memoranda of Understanding (MoUs) with four state-run corporations for the financial year 2026-27.
The MoUs were signed with the Odisha Agro-Industrial Corporation (OAIC), Odisha Agriculture Promotion and Capital Investment Corporation Limited (APICOL), Odisha State Seed Corporation Limited (OSSC) and Odisha State Cashew Development Corporation Limited (OSCDCL).
The agreements were executed by the managing directors of the respective corporations and representatives of the Agriculture Department.
Deputy Chief Minister and Minister of Agriculture and Farmers’ Empowerment Kanak Vardhan Singh Deo attended the signing ceremony at Krushi Bhawan. He said all four corporations should work in close coordination with the department to accelerate agricultural development and improve the welfare of the state’s farmers.
Under the MoUs, OAIC has set a target to procure 54,000 tonnes of fertilisers, 8,400 tractors, 1,200 power tillers and other agricultural equipment during 2026-27.
Under the Jalanidhi scheme, the corporation plans to implement 6,240 electric-powered lift irrigation points and 1,200 shallow tubewell projects. It also aims to achieve horticultural input sales worth around Rs 24 crore.
APICOL plans to establish 1,659 commercial enterprises with a targeted capital investment subsidy of Rs 330 crore during FY 2026-27. Of the total allocation, Rs 300 crore will be utilised under the Mukhyamantri Krushi Udyog Yojana, while Rs 30 crore will be used to provide financial assistance for cold storage projects.
OSCDCL will undertake a hybrid cashew replantation programme across 500 hectares during FY 2026-27 to promote cashew cultivation. It will also carry out third- and fourth-year maintenance of previously established cashew plantations covering 761.22 hectares.
Under the agreement, OSSC will strengthen the state’s seed production and supply system by introducing high-yielding and climate-resilient seed varieties. It will also organise joint training and capacity-building programmes for government officials and seed farmers.
Commissioner-cum-Secretary of the Department and Chairman of the corporations, Sachin Ramchandra Jadhav, also attended the signing ceremony.
