• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

PM Modi To Launch World’s Largest Co-Operative Sector Grain Storage Plan To Empower Small Farmers

OMMCOM NEWS by OMMCOM NEWS
February 22, 2024
in Nation
Narendra Modi

New Delhi:  Prime Minister Narendra Modi will inaugurate and lay the foundation of multiple initiatives to strengthen the country’s Cooperative Sector on February 24 at Bharat Mandapam in the national capital which will be a major step in empowering small farmers, the PMO said on Thursday.

The Prime Minister will inaugurate the pilot project of ‘World’s Largest Grain Storage Plan in Cooperative Sector’, which is being done in 11 Primary Agricultural Credit Societies (PACS) of 11 states, the PMO statement noted.

PM Modi will also lay the foundation for an additional 500 PACS across the country for the construction of godowns and other agricultural infrastructure as part of the scheme. The initiative aims to seamlessly integrate PACS godowns with the foodgrain 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).

The 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.

The Prime Minister will also inaugurate the project for computerization in 18,000 PACS across the country, aligning with the government’s vision of “Sahakar se Samridhi” aimed at rejuvenating the cooperative sector and empowering small and marginal farmers, the PMO statement said.

The monumental project has been approved with a financial outlay of more than Rs 2,500 crore. This 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.

Onboarding of 18,000 PACS on ERP software has been completed, marking a significant milestone in the project’s implementation.

(IANS)

Tags: Narendra Modi
ShareTweetSendSharePinShareSend
Previous Post

I&B Minister Anurag Thakur Launches 4 Portals To Modernise Media Landscape

Next Post

Vodafone Idea Board To Consider Fund Raising Proposal On Feb 27

Related Posts

Nation

French Companies Believe In The India Growth Story: Piyush Goyal

June 3, 2025
Nation

Chandrababu Naidu Reviews Arrangements For Yoga Day Celebrations At Vizag

June 3, 2025
Nation

Meghalaya Is The Youngest State Of India: CM Sangma

June 3, 2025
Calcutta High Court
Nation

Have Pleaded To Calcutta HC To Ensure Her Safety And Basic Services In Judicial Custody: Sharmistha Panoli’s Counsel

June 3, 2025
Directorate of Enforcement
Nation

ED Arrests Sudhanshu Dwivedi In Rs 96.68 Crore Money Laundering Case

June 3, 2025
Enforcement Directorate (ED)
Nation

ED Files Charge Sheet In Rs 3.92 Crore Money Laundering Case

June 3, 2025
Next Post

Vodafone Idea Board To Consider Fund Raising Proposal On Feb 27

Five Killed As Cargo Ship Rams Into Bridge In China

'Hurts To See Them So Mercilessly Torn Apart': Anand Mahindra On Video Of Dismantling Truck

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.