{"id":11645,"date":"2024-02-24T06:36:40","date_gmt":"2024-02-24T06:36:40","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=11645"},"modified":"2024-02-24T06:36:40","modified_gmt":"2024-02-24T06:36:40","slug":"pm-modi-launches-multiple-key-initiatives-for-cooperative-sector","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/pm-modi-launches-multiple-key-initiatives-for-cooperative-sector\/","title":{"rendered":"PM Modi Launches Multiple Key Initiatives For Cooperative Sector"},"content":{"rendered":"<p>New Delhi, Feb 24: <a href=\"https:\/\/jammubulletin.com\/site\/cabinet-approves-fair-and-remunerative-price-of-sugarcane-payable-by-sugar-factories-for-2024-25-season\/\">Prime Minister Narendra Modi<\/a> launched multiple key initiatives in Cooperative Sector at an event held at Bharat Mandapam in <a href=\"https:\/\/jammubulletin.com\/site\/delhi-chalo-march-union-ministers-farmer-leaders-to-hold-4th-round-of-talks-today\/\">Delhi<\/a> on Saturday.<br \/>\nPrime Minister inaugurated the pilot project of \u2018World\u2019s Largest Grain Storage Plan in Cooperative Sector\u2019, which is being done in 11 Primary Agricultural Credit Societies (PACS) in 11 states.<br \/>\nSpeaking on occasion, Union Minister for Cooperation and Home, Amit Shah thanked the Prime Minister for facilitating investments to strengthen PACS.<br \/>\n\u201cTo strengthen PACS, PM Modi ji has invested Rs 2,500 crores. I thank Modi ji for this. Today 18 thousand PACS are being launched. Along with this, the world\u2019s largest grain storage scheme is also being started.\u201d<br \/>\nDuring the occasion, <a href=\"https:\/\/jammubulletin.com\/site\/pm-modi-to-chair-council-of-ministers-meet-on-march-3\/\">PM Modi<\/a> laid the foundation stone for an additional 500 PACS across the country for the construction of godowns and other agri infrastructure under this initiative.<br \/>\nThis initiative aims to seamlessly integrate PACS godowns with the food grain supply chain, fortifying food security and fostering economic development in the country with a collaborative effort supported by NABARD and spearheaded by the National Cooperative Development Corporation (NCDC).<br \/>\nThis initiative is being implemented through the convergence of various existing schemes like the Agriculture Infrastructure Fund (AIF), Agriculture Marketing Infrastructure (AMI), etc., to enable PACS participating in the project to avail subsidies and interest subvention benefits for undertaking infrastructure development.<br \/>\nThe Prime Minister also inaugurated a project for computerization in 18,000 PACS across the country, aligning with the government\u2019s vision of \u2018Sahakar se Samridhi\u2019 aimed at rejuvenating the cooperative sector and empowering small and marginal farmers.<br \/>\nThe monumental project has been approved with a financial outlay of more than Rs 2,500 crore.<br \/>\nThis initiative involves transitioning all functional PACS onto a unified Enterprise Resource Planning (ERP) based national software, ensuring seamless integration and connectivity. By linking these PACS with NABARD through State Cooperative Banks and District Central Cooperative Banks, the project aims to enhance the operation efficiency and governance of PACS, thus benefiting crores of small and marginal farmers. NABARD has developed the National Level Common Software for this project, tailored to meet the diverse needs of PACS across the country.<br \/>\nThe onboarding of 18,000 PACS on ERP software has been completed, marking a significant milestone in the project\u2019s implementation.<br \/>\nShah also hailed PM Modi for \u2018transforming\u2019 the Cooperative sector.<br \/>\n\u201cThere was a long-standing demand from governments of various parties that a separate ministry for cooperation should be established. But unfortunately, for years, no one paid attention to this concern, no one cared to address this. But when<a href=\"https:\/\/jammubulletin.com\/site\/kashmir-will-be-developed-in-a-way-that-people-will-forget-visiting-switzerland-pm-modi\/\"> PM Modi<\/a> Ji took command, he transformed this very field,\u201d Shah said.<br \/>\n\u201cHe fulfilled the long-cherished dream of cooperation sector and created a separate Ministry for the same,\u201d he added.<br \/>\nThe event was also attended by Union Ministers Piyush Goyal and Arjun Munda.<\/p>\n<figure id=\"attachment_11646\" aria-describedby=\"caption-attachment-11646\" style=\"width: 300px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-11646\" src=\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-24-at-12.05.10-PM-300x148.png\" alt=\"PM Modi Launches Multiple Key Initiatives For Cooperative Sector\" width=\"300\" height=\"148\" \/><figcaption id=\"caption-attachment-11646\" class=\"wp-caption-text\">PM Modi Launches Multiple Key Initiatives For Cooperative Sector<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi, Feb 24: Prime Minister Narendra Modi launched multiple key initiatives in Cooperative Sector at an event held at Bharat Mandapam in Delhi on Saturday. Prime Minister inaugurated the pilot project of \u2018World\u2019s Largest Grain Storage Plan in Cooperative Sector\u2019, which is being done in 11 Primary Agricultural Credit Societies (PACS) in 11 states. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6,67,89,54],"tags":[],"class_list":["post-11645","post","type-post","status-publish","format-standard","hentry","category-business","category-header","category-national","category-political"],"gutentor_comment":0,"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PM Modi Launches Multiple Key Initiatives For Cooperative Sector<\/title>\n<meta name=\"description\" content=\"Prime Minister Narendra Modi launched multiple key initiatives in Cooperative Sector at an event held at Bharat Mandapam in Delhi\" \/>\n<meta name=\"robots\" content=\"index, follow, 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