PACS Computerization: ERP Rollout With ₹2,925.39 Crore Outlay
Why in the news
The Ministry of Cooperation, with NABARD, is computerizing every functional Primary Agricultural Credit Society (PACS) on one ERP-based platform.
Key facts
| Item | Detail |
|---|---|
| Outlay | ₹2,516 crore at first, revised to ₹2,925.39 crore |
| Linkage | PACS to DCCBs, DCCBs to StCBs, all coordinated via NABARD |
ERP modules
- Credit (short, medium, long-term), deposits, accounting.
- Non-credit: PDS, procurement, warehousing, processing units.
- Administration: membership, HRM, MIS, CAS; plus Kisan Credit Card, RuPay and digital payments.
Benefits
- Faster loans, lower costs, transparent governance, better DCCB and StCB links.
- Training for digitally less-literate small farmers.
Convergence
- PACS are being built into multi-service hubs tied to PM Kisan Samriddhi Kendras, Common Service Centres, Janaushadhi Kendras, fertiliser and seed supply, PDS, LPG or fuel dealerships, custom hiring centres and the Kisan Rin Portal.
Exam angle
- Nodal ministry: Cooperation; partner: NABARD.
- Outlay: ₹2,925.39 crore after revision.