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NEW DELHI, June 29: The Government on Wednesday approved Rs 2,516 crore for computerisation of functional 63,000 Primary Agriculture Credit Societies (PACS) aimed at promoting financial inclusion. The decision was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. The computerisation programme is aimed at increasing efficiency of PACS, bringing transparency and accountability in their operations, facilitating these societies to diversify their businesses and undertake multiple activities/ services. Addressing media after the Cabinet meeting, [&he...

Govt approves Rs 2,516 cr for computerisation of 63k Primary Agriculture Credit Societies

The Cabinet Committee on Economic Affairs (CCEA) today approved Computerisation of Primary Agricultural Credit Societies (PACS) with a budget outlay of Rs 2,516 crore of which the Government of India's share will be Rs 1,528 crore.

Uniindia: New Delhi, June 29 (UNI) The Cabinet Committee on Economic Affairs has approved Computerization of Primary Agricultural Credit Societies (PACS) with the objective of increasing efficiency of PACS, aiming to bring transparency and accountability in their operations, government said in a statement.

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved computerization of Primary Agricultural Credit Societies (PACS) to increase their efficiency and bring transparency and greater accountability in their operations.