70,000 PACS to be computerised in three years
The government is aiming to computerise 70,000 primary agricultural credit societies (PACS) across 30 states and union territories in the next three years to allow these farmers-owned entities access bank credits as well as a host of other benefits. An official with the cooperation ministry told FE that so far 24,000 PACS have availed the enterprise resource planning (ERPs) based common national software, which links them with NABARD through state and district cooperative banks.“After computerisation, these village-based entities are seamlessly connected with various departments.