Skip to content
Ramrajya News Website RamRajya News

Heralding RamRajya in Bharat

  • My Account
  • Dharm
  • Editorial
  • Register
  • Mandir
  • From Social Media
  • Contact Us
Ramrajya News Website
RamRajya News

Heralding RamRajya in Bharat

Government Expands Role of Rural Credit Societies Nationwide

RR Team, February 3, 2026February 3, 2026
The Government of India has embarked on a major initiative to expand and modernize Primary Agricultural Credit Societies (PACS), dairy, and fisheries cooperatives across the country. Over the next five years, every panchayat and village is expected to be covered under multipurpose PACS to provide affordable credit, quality inputs, and allied services to small and marginal farmers.

Expansion and Digitization of PACS

As per the National Cooperative Database, 32,802 new PACS, dairy, and fisheries cooperatives have been registered, while 15,793 existing cooperatives have been strengthened nationwide as of January 2026. Out of 79,630 sanctioned PACS, 61,478 have been fully digitized, enabling services such as Shared Core Banking Solutions (CBS), AePS, UPI, and other digital financial services to modernize cooperative banking.

Model Bye-Laws Promote Inclusivity

The Government has circulated Model Bye-laws for PACS to all States and Union Territories to transform them into multipurpose, transparent, and inclusive institutions. These bye-laws emphasize representation for women and Scheduled Castes/Scheduled Tribes (SC/ST), with the Multi-State Cooperative Societies (Amendment) Act, 2023 mandating reservation on boards. The National Cooperation Policy 2025 further encourages women and weaker sections to take leadership roles.

Support for Women and SHGs

PACS now function as multipurpose service centers where women and Self-Help Groups (SHGs) can access affordable loans and allied services. Schemes like Swayam Shakti Sahakar Yojana and Nandini Sahakar support women-led cooperatives and SHGs, enabling them to actively participate in cooperative governance and rural development initiatives.

Maharashtra Implementation

In Maharashtra, 12,178 PACS have been sanctioned for computerization, with ₹130.73 crore released for hardware, ERP deployment, and training. In Jalgaon district, all 352 sanctioned PACS are fully onboarded on ERP-based national software, achieving 100% digitization. Training institutions such as VAMNICOM and ICM have trained over 37,000 participants between 2024 and 2025.

Financial support through the National Cooperative Development Corporation (NCDC) in Maharashtra has reached ₹13,575.28 crore over five years, benefiting sugar, textile, and fisheries sectors. Additionally, 15 PACS have completed godown construction under the World’s Largest Grain Storage Plan, reducing distress sales and improving farmers’ income.

Cooperative Growth in Other States

In Karnataka’s Dakshina Kannada district, 121 PACS, 420 dairy cooperatives, and 22 fisheries cooperatives are operational, with digitization initiatives underway. Similar modernization efforts are being rolled out across India to strengthen cooperative financial services, enhance farmer income, and promote rural development.

These initiatives, informed by Union Minister for Home and Cooperation Shri Amit Shah in Lok Sabha, reflect the Government’s commitment to transforming agricultural cooperatives into multipurpose, inclusive, and digitally empowered institutions.

News #AgriCooperatives#AgricultureFinance#CooperativeBanking#CooperativePolicy#DairyCooperatives#DigitalCooperatives#ErpForPACS#FarmersIncome#FarmersWelfare#FinancialInclusion#FisheriesCooperatives#NCDC#PrimaryAgriculturalCreditSocieties#RuralDevelopment#ShgSupport#WomenEmpowermentPACS

Post navigation

Previous post
Next post

Related Posts

News

US Drops Canada Invite Over Trump–Carney Clash

January 23, 2026January 23, 2026

Diplomatic tensions between the United States and Canada escalated sharply this week after US President Donald Trump withdrew an invitation for Canada to join his self-styled “Board of Peace,” following a public war of words with Canadian Prime Minister Mark Carney. The move came just days after Carney delivered a…

Read More
News

Gold price dips as dollar tops 100; MCX gold near ₹1,22,800

November 20, 2025November 20, 2025

Gold prices on the Milti Commodity Exchange (MCX) slipped in early trade on Thursday after a stronger US dollar and the Federal Reserve’s October meeting minutes cooled expectations for a December rate cut. MCX December gold futures were trading around ₹1,22,768 per 10 grams in morning trade, while silver futures…

Read More
News

RBI Eases Rates Amid Global Uncertainty, Signals Stronger Support for Growth

April 9, 2025April 9, 2025

In a decisive move to support economic recovery amid global headwinds, the Reserve Bank of India (RBI) has announced a 25 basis points (bps) cut in the repo rate, bringing it down to 6%. The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, also shifted the policy stance from…

Read More

Leave a Reply Cancel reply

You must be logged in to post a comment.

Recent Posts

  • PMFBY Expanded: States Can Add Wild Animal Damage Cover
  • President Murmu Highlights Universities’ Role in Inclusive Growth
  • Parliament Budget Session Disrupted as 8 Congress MPs Suspended
  • PM Modi Highlights Tripura’s Growth Through ‘Vikas bhi, Virasat bhi’
  • India Boosts Primary Agricultural Credit Societies

Recent Comments

No comments to show.

Archives

  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • June 2024
  • May 2024
  • January 2024
  • November 2023
  • October 2023
  • September 2023
  • August 2023

Categories

  • Ancient Bharat
  • Article 1
  • Article 2
  • Article 3
  • Article 4
  • Articles
  • Artist
  • BB – Article 1
  • BB – Article 2
  • BB – Article 3
  • BB – Article 4
  • BB – Article 5
  • Beauty
  • Bharat
  • Bihar
  • Business and Economy
  • By – Devendra Sikarwar
  • By – Kumar Satish
  • By – Menuka Shahi
  • By – Nitin Tripathi
  • By – Raj Shekhar Tiwari
  • By – Sarvesh Kumar Tiwari
  • By – Shanees Arya
  • By – Shouvik Roy
  • By – विनय सिंह बैस
  • By – कमलाकांत त्रिपाठी
  • Career
  • Covid
  • Defence
  • Dharm
  • Editorial
  • Educational
  • Elections
  • Events
  • Expose-Series
  • Festivals
  • From Social Media
  • GeoPolitics
  • Glorious Bharat
  • Health
  • Inspired by SM Posts About Current Events
  • International
  • Life style
  • Lok Sabha
  • Mandir
  • Model
  • Nation First
  • News
  • Operation Sindoor
  • Photography
  • Politics
  • Press Release
  • Rajya Sabha
  • Ramayan Series
  • Ramp
  • Rituals
  • Sports
  • Tips & Tricks
  • Trends
  • Uncategorized
  • Warfare
  • Weather
  • बदलता भारत

Tags

##India #AatmanirbharBharat #AmitShah #ArtificialIntelligence #AtmanirbharBharat #BJP #BreakingNews #BusinessNews #CleanEnergy #CulturalHeritage #DigitalIndia #EconomicGrowth #EnergySecurity #GlobalTrade #GoodGovernance #GovernmentOfIndia #InclusiveGrowth #IndianCulture #IndianEconomy #IndiaNews #IndianNavy #IndianPolitics #IndianRailways #InfrastructureDevelopment #MakeInIndia #MaritimeSecurity #NarendraModi #NationalSecurity #NationBuilding #NewDelhi #NortheastIndia #PMModi #PublicHealth #RamRajyaNews #RenewableEnergy #RuralDevelopment #SkillDevelopment #StartupIndia #SustainableDevelopment #ViksitBharat #ViksitBharat2047 #WomenEmpowerment #WorldNews #YouthEmpowerment innovation

Categories

  • Ancient Bharat (10)
  • Article 1 (1)
  • Article 2 (1)
  • Article 3 (1)
  • Article 4 (1)
  • Articles (34)
  • Artist (1)
  • BB – Article 1 (2)
  • BB – Article 2 (2)
  • BB – Article 3 (2)
  • BB – Article 4 (2)
  • BB – Article 5 (2)
  • Beauty (2)
  • Bharat (46)
  • Bihar (124)
  • Business and Economy (7)
  • By – Devendra Sikarwar (10)
  • By – Kumar Satish (2)
  • By – Menuka Shahi (1)
  • By – Nitin Tripathi (1)
  • By – Raj Shekhar Tiwari (2)
  • By – Sarvesh Kumar Tiwari (1)
  • By – Shanees Arya (1)
  • By – Shouvik Roy (1)
  • By – विनय सिंह बैस (4)
  • By – कमलाकांत त्रिपाठी (1)
  • Career (18)
  • Covid (6)
  • Defence (9)
  • Dharm (174)
  • Editorial (18)
  • Educational (6)
  • Elections (112)
  • Events (3)
  • Expose-Series (2)
  • Festivals (137)
  • From Social Media (33)
  • GeoPolitics (7)
  • Glorious Bharat (9)
  • Health (37)
  • Inspired by SM Posts About Current Events (1)
  • International (32)
  • Life style (1)
  • Lok Sabha (6)
  • Mandir (22)
  • Model (3)
  • Nation First (8)
  • News (6,149)
  • Operation Sindoor (8)
  • Photography (2)
  • Politics (66)
  • Press Release (8)
  • Rajya Sabha (1)
  • Ramayan Series (4)
  • Ramp (3)
  • Rituals (22)
  • Sports (83)
  • Tips & Tricks (1)
  • Trends (4)
  • Uncategorized (12)
  • Warfare (1)
  • Weather (1)
  • बदलता भारत (8)
©2026 RamRajya News | WordPress Theme by SuperbThemes
Go to mobile version