Government of India's ₹2,516 Crore Project for Computerization of Primary Agricultural Credit Societies (PACS)
| Aspect | Details |
|---|---|
| Project | Computerization of Primary Agricultural Credit Societies (PACS) |
| Total Project Cost | ₹2,516 Crore |
| ERP Implementation | Integration of PACS with ERP-based national software linked to NABARD through State Cooperative Banks (StCBs) and District Central Cooperative Banks (DCCBs) |
| PACS Onboarded (as of July 21, 2024) | 25,904 PACS across 27 states and UTs |
| Objective | Enhance viability of PACS by diversifying business activities, improving operational efficiency, and making PACS multi-service centers |
| Key Activities | Dairy, fisheries, floriculture, warehousing, etc. (over 25 activities) |
| ERP Modules | Financial services, procurement operations, warehousing, merchandising, asset management, human resource management |
| Efficiency Tools | Common Accounting System (CAS) and Management Information System (MIS) |
| Benefits | Improved transparency, accountability, additional income for farmers, faster loan disbursal, reduced transaction costs |
| Financial Overview | ₹654.23 Crore released for computerization of 67,009 PACS across 30 states and UTs |
| State/UT Share Distribution | Detailed breakdown of PACS and GoI share released per state/UT (see table in the original text for specifics) |