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Correct Answer :   1 only


The Cooperation Ministry recently said that the Primary Agricultural Credit Societies (PACS) can also be employed as drone entrepreneurs for spraying fertilisers and pesticides.

About Primary Agricultural Credit Societies (PACS) :

* These are village-level cooperative credit societies that serve as the last link in a three-tier cooperative credit structure.

* These are headed by the State Cooperative Banks (SCB) at the state level.

* Credit from the SCBs is transferred to the district central cooperative banks, or DCCBs, that operate at the district level.

* These DCCBswork with PACS, which deals directly with farmers.

* Individual farmers are members of the PACS, and office-bearers are elected from within them. A village can have multiple PACS.

* The main function of the PACS is to provide short and medium-term purpose loans to its members.


Other functions include :

* Supplying of agricultural inputs including seeds, fertilizers, insecticides, etc.

* Maintaining the supply of the light machinery for the agricultural purpose.

* Providing marketing facilities that could enhance the sale of their agricultural products.

* Promote savings habits among its members..

Source : Indian Express

Published On : June 10, 2023
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