India, Feb. 4 -- The Government of India has issued a release:
The ERP-based common national software enhances the efficiency of PACS operations through a Common Accounting System (CAS) and Management Information System (MIS). Additionally, it strengthens governance and transparency, resulting in faster loan disbursal, reduced transaction costs, minimized payment imbalances, and seamless accounting with DCCBs and StCBs. Furthermore, training and necessary handholding support provided by NABARD ensures that small and marginal farmers, including those who may not be digitally literate, benefit equally from digitalization.
Further, Government of India is implementing a Centrally Sponsored project of Strengthening of Cooperatives through IT Interventions. This project has two sub-projects:-
(b):The Government has undertaken various measures to expand cooperative credit facilities in rural and tribal areas which includes :-
Disclaimer: Curated by HT Syndication.
