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AGRICULTURAL CREDIT SOCIETIES
Over 100-year-old cooperative society transforming lives of farmers in PunjabA century-old cooperative in Punjab's Hoshiarpur district is empowering farmers with loans, equipment rentals, and ultra-low-cost biogas. T...- Northeast no longer defined by insurgency, isolation: Arunachal CM Pema KhanduArunachal Pradesh is transforming significantly. Once seen as isolated, the state is now a focus of national development. Chief Minister Pe...
- These 8 private and public banking stocks have an upside of up to 35% in one year, according to analystsThere was a decline in banking stocks during Tuesday’s trading session. The drop came as a reaction to the RBI tightening its bad loan norm...
- CEA Anantha Nageswaran flags energy risk to growth storyIndia faces energy market volatility impacting farmers and workers. Chief Economic Adviser V Anantha Nageswaran highlights dependence on im...
- India outlines two-phased DPI roadmap to achieve $30 trillion economy by 2047India plans a two-phase strategy for Digital Public Infrastructure. DPI 2.0 from 2025 to 2035 builds capable citizens. DPI 3.0 from 2035 to...
- Government developing 'cooperative stack' to integrate all rural schemes through PACS: Cooperation SecretaryThe government is developing a 'cooperative stack' by integrating schemes through Primary Agricultural Credit Societies (PACS), aiming to c...
- Amit Shah says 5 lakh Sahara investors have registered on refund portalAddressing the National Mega Conclave on the launching of Common Services Centre (CSC) services by Primary Agricultural Credit Societies (P...
- Amit Shah says over 17k PACS registered so far to function as Common Service CentresIndia's Cooperation Minister Amit Shah has said that more than 17,000 Primary Agricultural Credit Societies (PACS) have been registered as ...
- Government to allow agricultural credit societies to convert wholesale petrol pumps into retail outletsThe cooperation ministry, in a statement, said PACS will also be given priority in allotment of new petrol/diesel dealerships to strengthen...
- Two lakh agriculture credit societies, fishery-dairy cooperatives to be set upThe ministry of cooperation has formulated a plan to establish viable PACS in each uncovered panchayat, viable dairy cooperatives in each u...
- 71 multi-state cooperative societies under liquidation till Dec 15: Amit ShahOut of 71 multi-cooperative societies that are under liquidation, 15 of them are located in Rajasthan, followed by 13 in Maharashtra, 11 ea...
- Primary agricultural credit societies in all panchayats soon, North East to gain: Amit ShahShah said there were only 65,000 active PACS at present, and all panchayats must have one such body by 2027 to promote farming and dairy ac...
- Primary Agriculture Credit Societies may be allowed to sell petroleum products, run PDS shopsThe PACS, as per the draft, can "engage in service or business operations (like infrastructure development, community centres/ hospital or ...
- Govt approves Rs 2,516 cr for computerisation of 63k Primary Agriculture Credit SocietiesThe project comprises development of cloud-based software with cyber security and data storage, providing hardware support to the PACS, dig...
- Karnataka mulls waiver of loan taken by farmer-victims of CovidThe loans were taken from the District Credit Cooperative (DCC), Primary Agricultural Credit Societies (PACS) and the apex bank, the Minist...
- Changes in banking regulation law aimed at improving governance in cooperative banks: FMMoving the Banking Regulation (Amendment) Bill, 2020 in the Lok Sabha, Sitharaman said the government was compelled to come out with an ord...
- Nabard to provide bank refinance of Rs 5,000 crore for watershed development projectsNabard also introduced a grant-based scheme for computerisation of PACS, which will enable these ground-level entities to provide seamless ...
- Agriculture Ministry seeks explanation from Sahara credit society"We have asked for explanation from the Sahara Credit Cooperative Society in 12 cases. We have not yet received the response," a senior Agr...
- PACs and cooperative banks to be digitised: Nitish KumarNitish Kumar today directed for digitisation of all Primary Agriculture Credit Societies and cooperative banks in the state.
- PACS should be banking correspondents for central co-operative banks: RBI"PACS should function as business correspondents for central co-operative banks or CCBs rather than as banks", Prakash Bakshi said.
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