Govt allots Rs 2,516 cr for computerisation of primary agri co-op societies

The model bylaws will enable PACS to offer economic activities other than credit which includes developing cold-storage facilities in villages, running PDS shops and locker facilities for depositors

The Cabinet on Wednesday approved a grant of over Rs 2,516 crore for computerisation of around 63,000 Primary Agriculture Cooperative Societies (PACS). According to top officials, this is part of a gamut of measures that the government intends to take to make PACS economically viable.

The measures also include preparing a set of model bylaws for states to run and manage PACS.

The model bylaws will enable PACS to offer a host of economic activities other than credit. This includes developing cold-storage facilities in villages, running PDS shops and providing locker facilities for rural depositors.

PACS would also act as