Our Prime Minister Narendra Modi introduced a few drives pointed toward reinforcing the helpful area in India. The occasion, held at Bharat Mandapam in New Delhi, highlights the public authority’s obligation to improving food security, encouraging financial turn of events, and advancing administration inside the helpful area.
Here are the critical features from the occasion:
World’s Biggest Grain Stockpiling Plan Introduced
State head Modi introduced the pilot project for the ‘World’s Biggest Grain Stockpiling Plan in Helpful Area.’ This drive traverses 11 Essential Rural Credit Social orders (PACS) across 11 States. The undertaking, upheld by NABARD and drove by the Public Helpful Improvement Enterprise (NCDC), means to incorporate PACS godowns into the food grain inventory network.
Development of PACS and Farming Foundation
Top state leader Modi established the groundwork stone for 500 extra PACS the nation over, underlining the significance of reinforcing agrarian framework. These PACS will work with the development of godowns and other fundamental farming foundation. The cooperative exertion engaged with this development guarantees that PACS taking part in the task will profit from appropriations and interest aid benefits under existing plans.
Computerized Change of PACS
Lining up with the public authority’s vision of ‘Sahakar se Samridhi’, Top state leader Modi likewise introduced a task for the computerized change of 18,000 PACS from one side of the country to the other. With a monetary cost surpassing Rs 2,500 crore, this drive includes changing all utilitarian PACS onto a brought together Venture Asset Arranging (ERP) based public programming. By connecting these PACS with NABARD through State Agreeable Banks and Area Focal Helpful Banks, the task expects to upgrade functional productivity and administration.
PM Narendra Modi
Conclusion
The initiation and establishment stone laying service of such drives mark a significant second in the agreeable area’s excursion towards more noteworthy strength, proficiency, and inclusivity.
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FAQs:
- How will the World’s Largest Grain Storage Plan benefit India’s food security?
- The World’s Largest Grain Storage Plan aims to integrate PACS godowns into the food grain supply chain. This integration will help in better storage and distribution of grains, ensuring food security for the country.
- What role does NABARD play in supporting these initiatives?
- NABARD supports these initiatives by providing financial assistance and technical expertise. It helps in implementing projects related to agricultural development and rural prosperity.
- How will the digital transformation of PACS enhance their efficiency?
- The digital transformation of PACS will enhance their efficiency by streamlining operations, improving record-keeping, and enabling better communication. It will also facilitate easier access to financial services for farmers and other members of PACS.
- What are the key challenges faced by the cooperative sector in India?
- Some key challenges faced by the cooperative sector in India include lack of awareness and understanding, inadequate infrastructure, limited access to financial resources, and issues related to governance and management.
- How can individuals and organizations contribute to the growth of the cooperative sector?
- Individuals and organizations can contribute to the growth of the cooperative sector by actively participating in cooperative activities, promoting cooperative principles and values, supporting cooperative businesses, and advocating for policies that strengthen the cooperative movement.
