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State Government Scheme

Finance Assistant to PACS for Computerization and Integration of PACS through Core Banking System with District Cooperative Banks

The scheme provides financial assistance to Primary Agricultural Credit Societies (PACS) for computerization and integration with District Cooperative Banks (DCCBs) through a Core Banking System (CBS), enhancing rural banking infrastructure and digital access.

Female Male
Scheme Level
State
Applicable In
Gujarat
Category
Agriculture,Rural & Environment
How to Apply
Online

About the Finance Assistant to PACS for Computerization and Integration of PACS through Core Banking System with District Cooperative Banks Scheme

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

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Standard of AssistanceRemarksMinimum Time Limit (in Year) for Reclaiming Benefits)the cost is estimated at ₹ 3,91,369/- per PACS, out of which the Central Government&amp;amp;amp;#39;s contribution is 60% at ₹1,85,441/- and State Government&amp;amp;amp;#39;s contribution as per 40% per PACS ₹1,23,627/- will be incurred.The agency empaneled by NABARD on behalf of the Government of India for the performance of software training while the procurement of hardware is to be done by the state government.There is no provision regarding re-benefit.<br>

Eligibility Criteria

  1. The benefit of this scheme will be available only to Primary Agricultural Credit Co-operative Societies (Including PACS, LAMP, and FSS).
  2. The statutory audit of the Primary Agricultural Credit Co-operative Societies (PACS) up to the last financial year should have been completed.
  3. The Primary Agricultural Credit Co-operative Societies (PACS) benefiting from this scheme should have their own or leased premises.
  4. The Secretary of the Primary Agricultural Credit Cooperative Societies (PACS) should be a salaried employee.
  5. Primary Agricultural Credit Cooperative Societies (PACS) benefiting from this scheme should have telecom data network facility.
  6. There should be computer literate staff at Primary Agricultural Credit Cooperative Societies (PACS) for smooth implementation of the scheme.
  7. PACS should be selected in the District Level Implementation and Monitoring Committee (DLIMC) at the district level.
  8. The PACS selected in the State Level Implementation and Monitoring Committee (SLIMC) of the State level in the District Level Implementation and Monitoring Committee (DLIMC) should have been approved in the SLIMC.

How to Apply for Finance Assistant to PACS for Computerization and Integration of PACS through Core Banking System with District Cooperative Banks

Application mode: Online

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 Finance Assistant to PACS for Computerization and Integration of PACS through Core Banking System with District Cooperative Banks scheme?

The scheme &amp;quot;Finance Assistant to PACS for Computerization and Integration of PACS through Core Banking System with District Cooperative Banks&amp;quot; introduced by the Agriculture, Farmers Welfare and Cooperation Department, Gujarat, aims to bring transparency, accura…

Who is eligible for Finance Assistant to PACS for Computerization and Integration of PACS through Core Banking System with District Cooperative Banks?

The benefit of this scheme will be available only to Primary Agricultural Credit Co-operative Societies (Including PACS, LAMP, and FSS). The statutory audit of the Primary Agricultural Credit Co-operative Societies (PACS) up to the last financial year should have been completed. The Primary Agricul…

What benefits does Finance Assistant to PACS for Computerization and Integration of PACS through Core Banking System with District Cooperative Banks provide?

<br Standard of AssistanceRemarksMinimum Time Limit (in Year) for Reclaiming Benefits)the cost is estimated at ₹ 3,91,369/- per PACS, out of which the Central Government&amp;amp;amp;39;s contribution is 60% at ₹1,85,441/- and State Government&amp;amp;amp;39;s contribution as per 40% per PACS ₹1,23,…

How can I apply for Finance Assistant to PACS for Computerization and Integration of PACS through Core Banking System with District Cooperative Banks?

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 Pr…

Source: official scheme details published on the Government of India's myScheme portal. Always verify eligibility and deadlines on the official portal before applying. Scheme rules can change.

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