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Primary Agricultural Credit Societies (PACS)

Agriculture

  • PYQs11
  • Articles2
I

Background

PACS are fundamental to India's rural economy, agricultural credit, and the cooperative movement. Their modernization, diversification, and governance reforms are key policy initiatives impacting farmers' welfare, financial inclusion, and the effectiveness of government schemes.

Primary Agricultural Credit Societies (PACS) are the grassroots-level institutions of the short-term cooperative credit structure in India, directly providing credit and other services to farmers in rural areas. They form the base of the three-tier cooperative credit system.

II

Facts & tables

Structure
Base tier of the 3-tier Short-Term Cooperative Credit Structure (STCCS).
Function
Provide short-term and medium-term agricultural loans and other services to farmers.
Significance
Crucial for financial inclusion, rural development, and agricultural credit delivery.
Modernization
Government initiative for computerization (ERP onboarding) aims to enhance efficiency and transparency.
Computerization Project
Government of India is implementing a Central Sponsored Project for computerization of PACS, with 3,482 PACS sanctioned in Punjab.
Diversification of Services
PACS are diversifying their services, acting as Pradhan Mantri Kisan Samriddhi Kendras, Pradhan Mantri Bhartiya Janaushadhi Kendras, and Common Service Centres.
Model Bye-laws
Government circulated model bye-laws for PACS (Jan 2023) to ensure inclusive membership, including adequate representation for women and SCs/STs.
Role in Grain Storage
Identified to create storage capacity under the world's largest grain storage scheme, with FCI providing requirements.
Static syllabus anchors
Type Reference
Conceptual area Digital Financial Infrastructure
Conceptual area Welfare Schemes & Social Policies
Conceptual area Cooperative Movement
Conceptual area Rural Development
Institutions & roles
Body Role
Ministry of Cooperation Oversees policy and initiatives for cooperative societies
NABARD Provides refinance and supervision to cooperative credit institutions
Government of India Initiates and funds projects
Food Corporation of India (FCI) Provides storage requirements
III

Prelims angle

Prelims angle: Statement-based questions

Prelims angle: Institutional roles and functions

  • Grassroots level of short-term cooperative credit structure.
  • Provide direct credit and services to farmers.
  • Crucial for rural financial inclusion and agricultural development.
  • Computerization project (e.g., ERP onboarding) aims for efficiency and transparency.
  • Overseen by Ministry of Cooperation; refinanced by NABARD.
High-confidence PYQ links
Year Framing tags
2023 Statement-based questions, Conceptual understanding
2021 Factual recall, Institutional roles and functions
2020 Statement-based questions, Institutional roles and functions
2020 Multi-statement analysis, Conceptual understanding
2020 Statement-based questions, Conceptual understanding
2020 Multi-statement analysis, Factual recall
2018 Multi-statement analysis, Factual recall
2016 Multi-statement analysis, Policy measures
2015 Factual recall, Conceptual understanding
2014 Factual recall, Multi-statement analysis
2013 Factual recall, Institutional roles and functions

Timeline

  1. Digital Financial Infrastructure

    Conceptual area

  2. Welfare Schemes & Social Policies

    Conceptual area

  3. Cooperative Movement

    Conceptual area

  4. Rural Development

    Conceptual area

  5. Prelims 2013

    Factual recall, Institutional roles and functions

  6. Prelims 2014

    Factual recall, Multi-statement analysis

  7. Prelims 2015

    Factual recall, Conceptual understanding

  8. Prelims 2016

    Multi-statement analysis, Policy measures

  9. Prelims 2018

    Multi-statement analysis, Factual recall

  10. Prelims 2020

    Statement-based questions, Institutional roles and functions

  11. Prelims 2020

    Multi-statement analysis, Conceptual understanding

  12. Prelims 2020

    Statement-based questions, Conceptual understanding

  13. Prelims 2020

    Multi-statement analysis, Factual recall

  14. Prelims 2021

    Factual recall, Institutional roles and functions

  15. Prelims 2023

    Statement-based questions, Conceptual understanding

  16. Multi-Purpose Cooperative Societies in Rajasthan

    PACS are the foundational units of India's cooperative credit system, providing essential agricultural loans and services to farmers. Recent government efforts, including the computerization project, aim to improve their operational efficiency and transparency, crucial for rural financial inclusion.

  17. Strengthening of cooperative institutions in Punjab

    PACS are village-level cooperative credit bodies undergoing computerization, diversification into various service centers, and governance reforms through model bye-laws to enhance inclusivity and efficiency in rural India.

See also

Past papers

In the news

pib.gov.in

Strengthening of cooperative institutions in Punjab

PACS are village-level cooperative credit bodies undergoing computerization, diversification into various service centers, and governance reforms through model bye-laws to enhance inclusivity and efficiency in rural India.

pib.gov.in

Multi-Purpose Cooperative Societies in Rajasthan

PACS are the foundational units of India's cooperative credit system, providing essential agricultural loans and services to farmers. Recent government efforts, including the computerization project, aim to improve their operational efficiency and transparency, crucial for rural financial inclusion.

Try these PYQs

UPSC Prelims 2020 medium Economy Open full page

Consider the following statements:

1. In terms of short-term credit delivery to the agriculture sector, District Central Cooperative Banks (DCCBs) deliver more credit in comparison of Scheduled Commercial Banks are Regional Rural Banks
2. One of the most important functions of DCCBs is to provide funds to the Primary Agricultural Credit Societies.

Which of the statements given above is/are correct?

UPSC Prelims 2013 medium Economy Open full page

Which of the following grants/ grant direct credit assistance to rural households?
1. Regional Rural Banks
2. National Bank for Agriculture and Rural Development
3. Land Development Banks

Select the correct answer using the codes given below:

UPSC Prelims 2020 medium Economy Open full page

In India, which of the following can be considered as public investment in agriculture?

1. Fixing Minimum Support Price for agricultural produce of all crops
2. Computerization of Primary Agricultural Credit Societies
3. Social Capital development
4. Free electricity supply to farmers
5. Waiver of agricultural loans by the banking system
6. Setting up of cold storage facilities by the governments

Select the correct answer using the code given below:

UPSC Prelims 2018 hard Economy Open full page

With reference to organic farming in India, consider the following statements:
1. The National Programme for Organic Production' (NPOP) is operated under the guidelines and directions of the Union Ministry of Rural Development.
2. The Agricultural and Processed Food Products Export Development Authority' (APEDA) functions as the Secretariat for the implementation of NPOP.
3. Sikkim has become India's first fully organic State.

Which of the statements given above is/are correct?

UPSC Prelims 2014 medium Economy Open full page

Programme/ Project Ministry
1. Drought-Prone Area Programme: Ministry of Agriculture
2. Desert Development Programme: Ministry of Environment and Forests
3. National Watershed Development Project for Rainfed Areas: Ministry of Rural Development

Which of the above pairs are correctly matched?

Show 6 more PYQs
UPSC Prelims 2016 hard Social Issues & Schemes Open full page

With reference to ‘Initiative for Nutritional Security through Intensive Millets Promotion’, which of the following statements is/are correct?

1. This initiative aims to demonstrate the improved production and post-harvest technologies and to demonstrate value addition techniques, in an integrated manner, with a cluster approach.
2. Poor, small, marginal and tribal farmers have a larger stake in this scheme.
3. An important objective of the scheme is to encourage farmers of commercial crops to shift to millet cultivation by offering them free kits of critical inputs of nutrients and micro-irrigation equipment.

Select the correct answer using the code given below.

UPSC Prelims 2020 medium Economy Open full page

Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes?

1. Working capital for maintenance of farm assets
2. Purchase of combine harvesters, tractors and mini trucks.
3. Consumption requirements of farm households
4. Post-harvest expense
5. Construction of family house and setting up of village cold storage facility.

Select the correct answer

UPSC Prelims 2015 hard Economy Open full page

Consider the following statements:

1. The Accelerated Irrigation Benefits Programme was launched during 1996-97 to provide loan assistance to poor farmers.
2. The Command Area Development Programme was launched in 1974-75 for the development of water-use efficiency.

Which of the statements given above is/are correct?

UPSC Prelims 2020 easy Economy Open full page

Consider the following statements:

1. In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India.
2. In the case of cereals and pulses, the MSP is fixed in any State/UT at a level to which the market price will never rise.

Which of the statements given above is/are correct?

UPSC Prelims 2021 hard Environment & Ecology Open full page

In the context of India’s preparation for Climate-smart Agriculture, consider the following statements:
1. The ‘Climate-Smart Village’ approach in India is a part of a project led by the Climate Change, Agriculture and Food Security (CCAFS), an international research programme.
2. The project of CCAFS is carried out under Consultative Group on International Agricultural Research (CGIAR) headquartered in France.
3. The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) in India is one of the CGIAR’s research centres.

Which of the statements given above are correct?

UPSC Prelims 2023 medium Environment & Ecology Open full page

Consider the following statements : 

Statement-I : According to the United Nation's 'World Water Development Report, 2022', India extracts more than a quarter of the world's groundwater withdrawal each year. 

Statement-II :India needs to extract more than a quarter of the world's groundwater each year to satisfy the drinking water and sanitation needs of almost 18% of world's population living in its territory.

Which one of the following is correct in respect of the above statements?