PACS Integration with PM-KISAN

PACS Integration with PM-KISAN

Ministry of Cooperation has taken multiple measures to integrate Primary Agricultural Credit Societies (PACS) with PM-KISAN and other Central schemes, with a view to making PACS local-level service delivery hubs for farmers. These includes:-

 

 

 

 

 

ERP enabled software brings audit transparency which leads to better financial management which together with diversified business leads to greater financial sustainability of PACS. Model Bye-laws allow PACS to diversify into more than 25 economic activities such as dairy, fishery, warehousing, LPG distribution, PMBJK, PMKSK, Fair Price Shops, etc., thereby reducing over-dependence on short-term credit. The bye-laws also provide for enhanced governance norms, transparency, and inclusive membership, including representation for women and SC/ST members.

 

The Government has instituted multiple mechanisms for continuous monitoring and evaluation of PACS activities, including:

 

 

 

Further, NITI Aayog has conducted an impact evaluation of Centrally Sponsored Schemes (CSS) in the Agriculture & Allied Sector, which includes “Computerization of PACS” and “Strengthening of Cooperatives through IT Interventions” under the Ministry of Cooperation.

 

This was stated by the Minister of Cooperation, Shri Amit Shah in a written reply to a question in the Lok Sabha.