x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Centre tightens noose on drug cartels, Amit Shah to launch 3-year action plan tomorrow | LG Sinha lauds SKUAST-K's incredible journey from local roots to global aspirations | Kashmiri Pandits, Muslims together have larger role than Govt for their return to Valley: Mehbooba | 23 pilgrims injured in Kathua accident | Drug syndicates using courier networks to smuggle narcotics | Car plunges into Drass River, 3 missing | False bills, fake measurements, missing works in Kupwara: ACB files chargesheet against 7 | Mock emergency response drill held in Poonch | 3 dead, 2 injured in Doda accident | GOC Mishra visits Rajouri | 10 drug peddlers arrested across Jammu | NHAI intensifies action against unauthorised parking on National Highways | CRPF suspends DIG for sharing messages opposing CAPF Bill | NRAI conducts ISSF B judges course at New Delhi | Sindhu Kumbh a living symbol of Bharat's cultural unity & national integrity: Kavinder Gupta | Reasi police continues crackdown on narcotics; 2.600 grams heroin recovered | Javid Dar reviews fruit fall incidents; sets up Horticulture panel to fix causes, suggest corrective measures | Rana inaugurates Rapid Sand Filtration Plant at Dooru, inspects WSS Express Highway near Navyug Tunnel | Special Crime Wing, Crime Branch Jammu files charge-sheet in a tractor loan fraud case | Police rescues 20 bovine animals, three vehicles seized in Rajouri | Police conducts cordon and search operations in Gandhi Nagar ahead of SANJY, Rounds up suspects of drug abuse | Army Corps Commander visits J&K's Rajouri, reviews Anti-Terror Operations | Inter-Divisional Safety Audit: In-depth inspection of safety standards to be conducted in Jammu Division on 24-25 June | International Yoga Day celebrated by All India Institute of Local Self Govt Jammu | SSP Samba reviews comprehensive security arrangements; chairs coordination meeting with CAPFs and security agencies ahead of Shri Amarnath Ji Yatra | Every section and community taken care of by Modi Govt: Balbir | IIM Jammu concludes three-day management development programme | Awareness Camp on Disaster Management held at Akhnoor | KPS extend gratitude to LG. Administration for smooth conduct of Mata Kheer Bhawani and it's associated pilgrimages | Women's safety and awareness is the biggest need of today's time: Pardeep Sharma | Prof (Dr) KB Razdan bestowed upon "Ambassador of Eternity" for Global Literary Excellence | Train Opens New Horizons | Feeding Tomorrow: The Vertical Farming Revolution | Women's Safety: A Shared Responsibility | External addiction vs Inner awareness: "The ecstasy of the Divine Name lasts forever" | Towards a Safer future for women | Back Issues  
 
news details
‘Govt aims to set up 2 lakh PACS by 2029’
5/18/2025 10:32:01 PM
Ahmedabad, May 18:
Agencies

Union Minister Amit Shah on Sunday said the Centre has taken measures to prevent registered PACS from becoming financially sick and will soon bring a policy for their quick settlement in case they have gone into liquidation and for registration of new PACS in their place.
The Union Minister of Cooperation said the Narendra Modi government aims to set up two lakh new Primary Agricultural Credit Societies (PACS) by 2029, and they are being connected to 22 different types of businesses, with arrangements being made to ensure registered PACS do not become financially sick.
“The work of connecting 22 different types of businesses with PACS has been done by the Union government, and I am sure arrangements have been made to ensure not a single registered PACS becomes financially sick in coming times,” Shah said at ‘Sahkari Mahasammelan’ organised here to mark the International Year of Cooperatives.
In a short time, the Centre is going to bring a new policy for quick settlement of PACS that have gone into liquidation and for registration of new PACS in their place, he added.
The Union Minister said initiative is also being taken to involve “a cooperative-owned company” for manufacturing equipment such as those for making ice cream, cheese, paneer, keeping milk chilled as well as measuring fat etc as part of promoting a circular economy in the dairy sector.
In a short time, the government also plans experimentation with a circular economy in the dairy sector by forming a cooperative society for the use of skin, bones, and horns of animals when they die, he said.
“If the cooperative sector has to move forward, then we will have to make efforts to bring awareness, training and transparency in every group. The Cooperative Department of the Union government has set this as the goal of the Cooperative Year. Therefore, the Centre has given importance to both Science of Cooperation and Science in Cooperation – reviving and modernising the science of cooperation and the use of technology in cooperatives,” he added.
He said the cooperative movement, which started during the Independence movement, had ended in many parts of the country, except for Gujarat.
But it is the responsibility of the cooperative leaders of Gujarat to make the movement symmetric, Shah added.
In order to make the cooperative sector strong, changes that it has gone through in recent years should be taken to the bottom level to benefit PACS members and farmers, Shah said.
“Every district, every state should be associated with the cooperative movement, the condition of primary mandali in every state should improve, strengthening district level institutions, which in turn should strengthen cooperative structure at the state and national level. To achieve this, the Union government has envisioned a fourth-tier cooperative structure in place of a three-tier structure,” he said.
“We want to use the International Year of Cooperatives for this symmetric development. The entire campaign is based on three pillars – making cooperation a part of the mainstream of the society, bringing transparency and authenticity in the cooperative movement through technology, and accelerating the work of connecting more and more citizens to the cooperative movement,” he said.
For this, his ministry has taken about 57 initiatives, Shah said.
There is need for cooperation among cooperatives, an idea which has been implemented in Gujarat leading to an increase of Rs 11,000 crore in the deposits of the cooperative sector, Shah asserted.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU