Single National Software Network for PACS Computerization
The Government of India is implementing a ₹2,516 Crore project for the computerization of functional Primary Agricultural Credit Societies (PACS). This initiative aims to integrate PACS with an ERP-based national software, linking them with NABARD through State Cooperative Banks (StCBs) and District Central Cooperative Banks (DCCBs). As of July 21, 2024, 25,904 PACS across 27 states and UTs are onboarded on this ERP system.
The project seeks to enhance the viability of PACS by diversifying their business activities and improving operational efficiency. The Model Byelaws prepared for PACS will enable them to undertake over 25 different activities including dairy, fisheries, floriculture, warehousing, and more. This diversification is intended to make PACS multi-service centers, improving transparency, accountability, and providing additional income sources for farmers.
The ERP system covers various modules such as financial services, procurement operations, warehousing, merchandising, asset management, and human resource management. The system is designed to improve the efficiency of PACS performance through a Common Accounting System (CAS) and Management Information System (MIS). It aims to enhance governance, speed up loan disbursal, and reduce transaction costs.
A total of ₹654.23 Crore has been released as the Government of India’s share for the computerization of 67,009 PACS across 30 states and UTs. The detailed financial breakdown is as follows:
State/UT | No. of PACS | GoI Share Released (₹) |
---|---|---|
Andhra Pradesh | 2,037 | 186,747,271 |
Arunachal Pradesh | 14 | 2,700,000 |
Assam | 583 | 88,625,000 |
Bihar | 4,495 | 329,500,000 |
Chhattisgarh | 2,028 | 148,600,000 |
Goa | 58 | 4,450,000 |
Haryana | 710 | 72,916,000 |
Himachal Pradesh | 870 | 168,800,000 |
Jharkhand | 1,500 | 109,900,000 |
Karnataka | 5,491 | 556,400,000 |
Madhya Pradesh | 4,534 | 586,525,000 |
Maharashtra | 12,000 | 1,215,950,000 |
Manipur | 232 | 25,500,000 |
Meghalaya | 112 | 12,300,000 |
Mizoram | 25 | 2,700,000 |
Nagaland | 231 | 28,168,555 |
Punjab | 3,482 | 255,200,000 |
Rajasthan | 6,781 | 670,786,131 |
Sikkim | 107 | 20,800,000 |
Tamil Nadu | 4,532 | 456,820,000 |
Tripura | 268 | 55,915,354 |
Uttar Pradesh | 5,686 | 535,841,650 |
West Bengal | 4,167 | 305,400,000 |
Uttarakhand | 670 | 36,874,057 |
Gujarat | 5,754 | 583,000,000 |
Jammu & Kashmir | 537 | 67,678,040 |
Puducherry | 45 | 6,075,000 |
Andaman & Nicobar | 46 | 6,881,462 |
Ladakh | 10 | 1,200,000 |
DNH & DD | 4 | – |
Mango, hailed as the "King of Fruits," is not just a tropical delight but also…
The richest men in the world have made huge amounts of money through technology, shopping…
The Chief Justice of India is the head of the Supreme Court, which is the…
The Northern Lights, also Aurora Borealis, are beautiful lights that appear in the night sky,…
The International Day of Light, celebrated every year on May 16, recognizes the importance of…
The International Day of Living Together in Peace, observed annually on 16 May, is a…