Mumbai : State Bank
of India, the nation’s largest bank, organised Annadata Utsav, a 15-day
nationwide outreach programme dedicated to celebrating and honouring India’s
farming community for its critical contribution to the country’s food security
and economy. Conducted across the country, the initiative reflected SBI’s
continued commitment to strengthening the agricultural ecosystem through direct
engagement, financial empowerment and long-term partnership with farmers.
As part of Annadata Utsav, the Bank organised Gram Choupals across
nearly 15,000 rural and semi-urban branches, creating a platform for direct
banker–farmer interaction. During these engagements, SBI felicitated
outstanding Annadatas who have demonstrated excellence in farming, allied
activities and agri & rural entrepreneurship. Senior executives of SBI
across Circles, including officials from the Agri Business Unit (ABU) and
Government Sponsored Schemes (GSS) verticals, actively participated in the
programme, reinforcing the Bank’s vision of being a trusted financial partner
across the agri value chain.
The initiative also enabled the Bank to conduct awareness sessions
on key Government of India initiatives, including the Agriculture
Infrastructure Fund, PMFME, PM-KUSUM, FPO financing and e-NWR based pledge
finance, along with SBI’s flagship agri offerings such as Agri & Food
Enterprise Loan (AFEL) and Kisan Samriddhi Rin. These sessions highlighted
SBI’s comprehensive support across the agri value chain covering crop
production, post-harvest infrastructure, storage, processing, renewable energy
and market linkages.
In addition, knowledge sessions critical to the financial
well-being of the farming community, including credit discipline, timely
repayment, cyber fraud prevention and depositor awareness under RBI’s Depositor
Education and Awareness Fund (DEAF) were conducted in collaboration with CIBIL
and CRIF, equipping farmers and agri-entrepreneurs with essential financial
awareness.
The programme witnessed active participation of over 1.24 lakh
stakeholders, including small, marginal and progressive farmers, agri-entrepreneurs,
food processors, agri start-ups, Farmer Producer Organisations (FPOs) and other
participants from the agri ecosystem. The celebrations concluded with
nationwide talk shows by senior SBI executives on national and regional
television and radio channels, marking the occasion with a tribute to India’s
farmers and reiterating the Bank’s unwavering support for the sector.
By celebrating farmers and enabling their journey from Producers
to Processors, SBI continues to play a pivotal role in building a resilient,
inclusive and prosperous agricultural economy.
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