The Centre on Wednesday decided to computerise all functional 63,000 Primary Agriculture Credit Societies (PACS) over the next five years with a budget outlay of nearly Rs. 2,510 crore in order to improve efficiency, transparency and accountability in their operations.
The scheme, approved by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, will also facilitate PACS to diversify their business and…