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.

Objective and Benefits

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.

ERP Solution Details

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.

Financial Overview

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

Piyush Shukla

Recent Posts

What is the Old Name of Karnataka?

Karnataka, a state in southern India, is known for its rich history, vibrant culture and…

7 hours ago

Who is Known as the Father of Sociology?

Sociology is the study of society, human behavior and the way people interact with each…

9 hours ago

Which District of Gujarat is Known as the Oil City?

Gujarat is a state located in the western part of India. Known for its rich…

10 hours ago

The FIFA Best Awards 2024: Recognizing Excellence

The Best FIFA Football Awards 2024 were held in Doha, Qatar, on December 17, where…

10 hours ago

International Migrants Day 2024

International Migrants Day, observed annually on December 18, serves as an important reminder to honor…

10 hours ago

Nat Sciver-Brunt Sets Record for Fastest Test Century

On December 15, 2024, England made history at the Mangaung Oval in Bloemfontein, South Africa,…

10 hours ago