Finance Assistant to PACS for Computerization and Integration of PACS through Core Banking System with District Cooperative Banks
This Gujarat government scheme provides financial assistance to Primary Agricultural Credit Societies (PACS) to computerize their operations and connect with District Cooperative Banks via a Core Banking System (CBS), bringing digital banking to rural areas. The total cost per PACS is approximately ₹3.91 lakh, with 60% funded by the Central Government and 40% by the State. Selection is done through district and state-level committees (DLIMC and SLIMC); individual PACS do not apply directly.
About This Scheme
This Gujarat government scheme provides financial assistance to Primary Agricultural Credit Societies (PACS) to computerize their operations and connect with District Cooperative Banks via a Core Banking System (CBS), bringing digital banking to rural areas. The total cost per PACS is approximately ₹3.91 lakh, with 60% funded by the Central Government and 40% by the State. Selection is done through district and state-level committees (DLIMC and SLIMC); individual PACS do not apply directly.
Full official description
The scheme "Finance Assistant to PACS for Computerization and Integration of PACS through Core Banking System with District Cooperative Banks" introduced by the Agriculture, Farmers Welfare and Cooperation Department, Gujarat, aims to bring transparency, accuracy, and consistency in PACS accounts using a common accounting and management information system. By enabling PACS to be digitally connected with District and State Cooperative Banks through CBS, this scheme also boosts rural financial inclusion and ensures seamless banking facilities in remote areas.
Benefits
- Total Assistance per PACS: Approximately ₹3,91,369 (one-time)
- Central Government Share: 60% (~₹1,85,441 per PACS)
- State Government Share: 40% (~₹1,23,627 per PACS)
- Software & Training: Provided by NABARD-empanelled agencies
- Hardware Procurement: Organized by the state government
- No provision for re-claiming benefit (one-time scheme)
Who Can Apply (Eligibility)
- Must be a Primary Agricultural Credit Cooperative Society (PACS), LAMP, or FSS
- Statutory audit must be completed up to the last financial year
- PACS must have its own or leased premises
- Must have a salaried Secretary
- Must have telecom data network infrastructure
- Must have computer-literate staff
- Must be selected and approved by the District Level Implementation and Monitoring Committee (DLIMC) and State Level Implementation and Monitoring Committee (SLIMC)
How to Apply
Step 1: Selection of eligible PACS is done by the District Level Implementation and Monitoring Committee (DLIMC). Step 2: The consolidated selection list from all districts is sent to the State Level Implementation and Monitoring Committee (SLIMC). Step 3: SLIMC forwards the approved list to the Project Monitoring Unit (PMU) of NABARD through the Gujarat State Co-operative Bank Ltd. Step 4: After approval by NLIMC at the central level, support equipment is provided to the selected PACS.
Frequently Asked Questions
What is the main objective of the scheme?
The main objective of the scheme is to computerize and integrate Primary Agricultural Credit Societies (PACS) with the Core Banking System (CBS) of District Cooperative Banks in order to improve accuracy, transparency, and efficiency in rural banking.
Who is eligible to apply for the scheme?
Only Primary Agricultural Credit Co-operative Societies (PACS), including LAMPs and FSS, that meet all the specified eligibility criteria are allowed to apply for the scheme.
What is the total financial assistance provided under this scheme?
The total cost estimated per PACS is ₹3,91,369/-, out of which ₹1,85,441/- (60%) is contributed by the Central Government and ₹1,23,627/-(40%) by the State Government.
Who is responsible for providing software training under this scheme?
Software training is provided by agencies that are empaneled by NABARD on behalf of the Government of India.
Who is responsible for procuring the hardware under the scheme?
The procurement of hardware under the scheme is managed by the State Government.
How are PACS selected for inclusion in the scheme?
PACS are first selected by the District Level Implementation and Monitoring Committee (DLIMC) and then approved by the State Level Implementation and Monitoring Committee (SLIMC), before receiving final approval from the National Level Implementation and Monitoring Committee (NLIMC).
Can a PACS without computer-literate staff is eligible for this scheme?
No, having computer-literate staff is mandatory for eligibility under this scheme.
Is it necessary for a PACS to have a data network facility to be eligible?
Yes, having telecom or data network facilities is a required eligibility criterion.
What is the role of the State Level Implementation and Monitoring Committee (SLIMC)?
SLIMC is responsible for reviewing and approving the list of PACS selected by DLIMC and forwarding the final approved list to NABARD.
Who should be contacted in case of doubts or issues with the application process?
Applicants may contact their District Cooperative Officer or the Project Monitoring Unit (PMU) of NABARD for assistance and clarification regarding the application process.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Copy of completed statutory audit report for the last financial year.
- Proof of ownership or lease of premises.
- Employment proof of salaried Secretary.
- Documentation of telecom/data network facility.
- Proof of computer literacy of PACS staff.
- Approval/selection proof from DLIMC and SLIMC.
- Any other document as required.