Home Minister Amit Shah thanks PM Modi as Cabinet approves computerization of PACS, move to benefit 13 crore farmers

Home Minister Amit Shah thanks PM Modi as Cabinet approves computerization of PACS, move to benefit 13 crore farmers

The Home Minister also said that 63,000 PACS will be computerized at a cost of Rs 2,516 crore, which will benefit about 13 crore small and marginal farmers

Home Minister Amit Shah thanks PM Modi as Cabinet approves computerisation of PACS, move to benefit 13 crore farmers

Prime Minister Narendra Modi and Union Home Minister Amit Shah. News18

Union Home Minister Amit Shah on Wednesday thanked Prime Minister Narendra Modi for the major decision taken by the Cabinet for the computerization of Primary Agricultural Credit Societies or PACS.

Taking to Twitter, Shah hailed the “visionary decision” taken by the Cabinet under the leadership of PM Modi on Wednesday.

“Whether it is the creation of the Ministry of Cooperation or decisions taken thereafter in the direction of empowering this sector, they show that Prime Minister Shri Narendra Modi’s ‘Sahakar Se Samridhi’ is not just a slogan, rather that the Prime Minister has an unwavering resolve to bring positive change to lives of those associated with the cooperative sector,” Shah said.

“Further in this series of decisions, the Cabinet chaired by Shri Narendra Modi has taken a very important decision today to computerize about 63,000 PACS, which are the smallest unit in the cooperative sector and their computerization will prove to be a boon for the sector,” he added. Shah also said that 63,000 PACS will be computerized at a cost of Rs 2,516 crore, which will benefit about 13 crore small and marginal farmers.
“In this digital age, the decision of computerization of PACS will increase their transparency, reliability and efficiency and will also facilitate the accounting of multipurpose PACS,” he added. The Home Minister also said the software will be made available in local languages for the convenience of the people. Along with this, it will also help PACS to become a nodal center for providing various services such as:

          • Direct Benefit Transfer (DBT)

 

      • Interest Subvention Scheme (ISS)

 

      • Crop Insurance Scheme (PMFBY)

 

      • Inputs like fertilizers and seeds

 

 

Computerization of PACS to benefit 13 crore farmers

A Primary Agricultural Credit Society is a basic unit and smallest co-operative credit institution in India that works at the grassroots level.

Apart from benefitting small and marginal farmers, the move will bring transparency, and efficiency, enhance trustworthiness and help PACS to become nodal delivery service point at the Panchayat level, Cabinet Committee on Economic Affairs said in a press release.

The main components of the scheme are cloud-based unified software with data storage, cyber security, hardware, digitization of existing records, Maintenance, and Training, the release added.

With inputs from agencies
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