PACS
Primary Agricultural Cooperative Society
PACS
Primary Agricultural Cooperative Society
PACS - Grass Root automation
Vedavaag’s subsidiary, VSL Data Systems, is an exclusive implementation partner of M/s Intellect Informatics Private Limited for deployment of its UNITE ERP for Primary Agricultural Credit Society (PACS).
VSL Data Systems has successfully implemented an ambitious project of automating 1,500+ PACS in the states of Telangana and Uttarakhand.
The Telangana and Uttarakhand model of PACS computerisation provides a custom designed comprehensive ERP solution.
The solution meets all the current business needs and scale up to meet its future business needs, governance and statutory (CAS & MIS prescribed by NABARD) requirements of PACS.
What are PACS?
A Primary Agricultural Cooperative Society (PACS) is the smallest co-operative credit institution in India. It works at the grassroots level (gram panchayat and village). It is intended to promote thrift and mutual/self-help among the members; cater to their credit requirements and provide credit-linked services like input supply, storage (inventory maintenance) and marketing of agricultural produce (Public Distribution System) etc.
PACS are the base tier of the 3-tier Short Term Cooperative Credit Structure (STCCS) comprising District Cooperative Central Banks (DCCB) at the district level and State Cooperative Banks (SCB) at the Apex / State level. The structure is owned and run by about 13 crore farmers as members at PACS, about 80% of whom are small and marginal in nature.