Besides, 100 percent remission on cess on land revenue and compulsory basic water rate will be given to farmers in areas where the crop loss is 50 percent or more.
Patnaik has also announced assistance for small and marginal farmers in animal husbandry and sericulture sectors and those engaged in fishery, handlooms and handicrafts.
The government has also decided to exempt school examination fees up to high school level in government schools in the affected areas.
Besides, two pairs of school uniforms and textbooks shall be provided to children up to high school level, while funds will be provided for repair and restoration of school and college buildings.
Cyclone Phailin in the Bay of Bengal made landfall Oct 12 night near Gopalpur in the state's Ganjam district and left behind a trail of destruction in several districts of the state, bringing heavy rain and floods.
Although the death toll in the cyclone and floods was limited to 44, about 1.2 crore people in 17 of the state's 30 districts have been affected by the calamity, the state government said.
Preliminary estimates by the state government of the damage from the cyclone and subsequent floods is pegged at about Rs.4,242 crore.
