65,000 PACS to be Computerized by August: Shah

By By Rediff Money Desk, NEWDELHI
Feb 24, 2024 16:23
Union Cooperation Minister Amit Shah announced the computerization of 65,000 PACS by August 2024, aiming to improve efficiency and transparency in agricultural cooperative operations.
New Delhi, Feb 24 (PTI) Union Cooperation Minister Amit Shah on Saturday said around 65,000 functional Primary Agricultural Cooperative Societies (PACS) will be computerised by August this year to improve their efficiency.

The computerisation work has already been completed so far in 18,000 PACS.

Prime Minister Narendra Modi on Saturday inaugurated the project for computerisation in 18,000 PACS across the country.

"I am happy that out of 65,000 PACs, computerisation of 18,000 PACs has been completed. Before elections, 30,000 PACs will be done," Shah said, while addressing a conference.

By August 2024, all PACS will be computerised, the Union minister said.

In June last year, the Cabinet Committee on Economic Affairs (CCEA) approved the computerisation of these PACS with an outlay of Rs 2,516 crore.

The objective is to increase the efficiency of PACS, bringing transparency and accountability in their operations.

This will also help in facilitating PACS to diversify their business and undertake multiple activities/services.

Shah also highlighted that the model bylaws have been implemented by all states and Union Territories, irrespective of political parties.

With the adoption of these model bylaws, he said PACs can now diversify into new areas.

The Prime Minister formally launched 'World's Largest Grain Storage Plan in Cooperative Sector' with the inauguration of 11 godowns set up by PACS across 11 states.

Modi also laid the foundation stone for the construction of godowns in an additional 500 PACS across the country.

On this initiative, Shah said farmers would be able to store 100 per cent of their production with the creation of new capacities.

Storage capacity in other countries is higher than production except for India, he added.

Food Corporation of India (FCI) has been bearing the responsibility of storage to date.

Godowns set up in PACS will provide all modernised tools for farmers, Shah said.

The cooperation minister said more than 50 initiatives have been taken in just 35 months following the creation of the cooperation ministry.
Read More On:
pacscomputerizationagricultural cooperativesamit shahefficiencytransparencyaccountabilityindiafarmersstoragegodownsgrain storagecooperative sector
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Trump Media to Invest Rs 1 Lakh Cr in Telangana

Trump Media director announces Rs 1 lakh crore investment in Telangana's Bharat Future...

Sebi to Restrict Live Market Data for Education

Sebi to change rules prohibiting live market data for investor education. Focus on past...

India Agri Growth Forecast Lowered to 4% in FY26

Niti Aayog member Ramesh Chand estimates India''s agriculture growth at 4% in FY26,...

Adani Group: 48-MW Data Center in Telangana

Adani Group invests Rs 2,500 cr in Telangana for a 48-MW AI green data center. Total...

Sebi Overhauls Merchant Banker Rules: Key Changes

Sebi introduces new rules for merchant bankers, including capital adequacy, liquid net...

Waaree Solar Bags 288 MWp Module Order in US

Waaree Solar Americas secures 288 MWp solar module order from Sabanci Renewables for...

ISI Restructuring: New Law Needed, Says Minister

Minister Rao Inderjit Singh says new law is essential to restructure ISI as a body...

Sensex, Nifty Plunge on Profit Booking, FII...

Sensex tanks 610 pts, Nifty below 26k as investors book profits amid FII selling. Fed...

Specialty Surgical Oncology Secures USD 2.8M...

Specialty Surgical Oncology (SSO) secures USD 2.8 million funding from Everhope...

Rupee Falls to 90.09 Against US Dollar

Rupee depreciates to 90.09 against the dollar amid high crude oil prices and foreign...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com