Training of Farmers on Pulses Production Technologies 2026
This scheme offers financial help to Primary Agricultural Credit Societies (PACS) to get computerized and linked with Read More... District Cooperative Banks using a Core Banking System (CBS), making rural banking better and more accessible. Read less
Details
In a move to modernize rural banking, the Agriculture, Farmers Welfare and Cooperation Department of Gujarat has launched a significant scheme. It aims to empower Primary Agricultural Credit Societies (PACS) by bringing them into the digital age.
What Is This Scheme?
This initiative is all about helping PACS get computerized. It also connects them with District Cooperative Banks through a Core Banking System (CBS). The goal is to make account keeping more accurate, transparent, and consistent. By linking PACS digitally with higher cooperative banks, the scheme also supports financial inclusion in villages and ensures that people in remote areas have access to smooth banking services.
Who Can Benefit From This Scheme?
The scheme is designed for Primary Agricultural Credit Co-operative Societies. This includes PACS, LAMPs, and FSS. To be eligible, these societies must meet certain standards, like having completed their statutory audit, owning or leasing their premises, and having a salaried secretary and computer-literate staff.
Why This Scheme Is Important
The scheme is crucial for enhancing the efficiency and reach of rural financial institutions. It brings modern banking technology to the grassroots level, fostering greater trust and convenience for farmers and rural communities. The digital integration is key to a more robust and inclusive financial system in the country.
Objective
Benefits
Sources and references
Eligibility Criteria
- This scheme is open only to Primary Agricultural Credit Co-operative Societies (including PACS, LAMP, and FSS).
- The statutory audit of the society for the last financial year must be completed.
- The society must have its own or leased premises.
- The Secretary of the society must be a salaried employee.
- The society needs to have a telecom or data network facility.
- The society must have computer-literate staff to ensure the smooth running of the scheme.
- The PACS must have been selected by the District Level Implementation and Monitoring Committee (DLIMC).
- The selection by DLIMC must have been approved by the State Level Implementation and Monitoring Committee (SLIMC).
How To Apply
The application process involves selection through a committee system:
- PACS are initially selected by the District Level Implementation and Monitoring Committee (DLIMC) at the district level.
- Following selection by DLIMC, the PACS must be approved by the State Level Implementation and Monitoring Committee (SLIMC) at the state level.
- The final approval is then granted by the National Level Implementation and Monitoring Committee (NLIMC).
For specific application forms or further details, please refer to the official notifications or contact the relevant departments.
Documents Required
- A copy of the completed statutory audit report for the last financial year.
- Proof showing ownership or lease agreement for the premises.
- Evidence of the Secretary's employment status as a salaried employee.
- Documentation confirming the availability of a telecom or data network facility.
- Proof of computer literacy among the PACS staff.
- Confirmation of selection and approval from both the DLIMC and SLIMC.
- Any other documents that might be requested by the authorities.
FAQ’s
What is the main goal of this initiative?
The primary aim of this scheme is to bring Primary Agricultural Credit Societies (PACS) into the digital age by computerizing them and linking them to District Cooperative Banks via a Core Banking System (CBS). This aims to boost accuracy, transparency, and efficiency in their operations.
Which types of societies can apply for this scheme?
Only Primary Agricultural Credit Co-operative Societies, which include PACS, LAMPs, and FSS, are eligible to apply if they meet all the set criteria.
What is the total financial aid provided for each PACS?
The total estimated cost per PACS is ₹3,91,369/-. Of this amount, the Central Government provides ₹1,85,441/- (60%), and the State Government contributes ₹1,23,627/- (40%).
Who handles the software training for the PACS?
The software training will be delivered by agencies that have been empaneled by NABARD on behalf of the Government of India.
Who is responsible for purchasing the hardware needed for the scheme?
The State Government is responsible for procuring the hardware required for the scheme.
How are PACS chosen to be part of this program?
PACS are first identified and selected by the District Level Implementation and Monitoring Committee (DLIMC). Their selection is then reviewed and approved by the State Level Implementation and Monitoring Committee (SLIMC).
Can a PACS apply if its staff isn't computer-savvy?
No, it is a mandatory requirement for PACS to have computer-literate staff to be considered eligible for this scheme.
Is having a data network connection a requirement for eligibility?
Yes, having a telecom or data network facility is one of the essential eligibility criteria for PACS under this scheme.
What is the role of the SLIMC in this process?
The State Level Implementation and Monitoring Committee (SLIMC) plays a role in reviewing and approving the list of PACS that have been selected by the District Level Implementation and Monitoring Committee (DLIMC).
Where can I get help if I have questions about applying?
If you have any doubts or need clarification on the application process, you can reach out to your District Cooperative Officer or the Project Monitoring Unit (PMU) of NABARD for assistance.
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