PM Modi Unleashes Revolution in Cooperative Sector: Launches World’s Largest Grain Storage Plan and Empowers 18,000 PACS

BuzzBytes NEW DELHI, Feb 24: Prime Minister Narendra Modi spearheaded a transformative revolution in the Cooperative Sector with the launch of multiple key initiatives at an event held in Delhi. The Prime Minister inaugurated the pilot project of the ‘World’s Largest Grain Storage Plan in Cooperative Sector,’ a monumental endeavor covering 11 states and 11 Primary Agricultural Credit Societies (PACS).Union Minister for Cooperation and Home, Amit Shah, expressed gratitude to PM Modi for the significant investment of Rs 2,500 crores to strengthen PACS. The initiative marks the commencement of the world’s largest grain storage scheme, fortifying food security and economic development.During the event, PM Modi laid the foundation stone for an additional 500 PACS across the country, focusing on the construction of godowns and agri-infrastructure. This initiative aims to seamlessly integrate PACS godowns with the food grain supply chain, enhancing food security and fostering economic development.In line with the government’s vision of ‘Sahakar se Samridhi,’ PM Modi inaugurated a project for computerization in 18,000 PACS nationwide. This monumental project, with a financial outlay of over Rs 2,500 crores, involves transitioning all functional PACS onto a unified Enterprise Resource Planning (ERP) based national software.The ERP software, developed by NABARD, facilitates seamless integration and connectivity, enhancing the operational efficiency and governance of PACS. The initiative aligns with the government’s commitment to empower small and marginal farmers, benefiting millions across the country.Union Minister Amit Shah praised PM Modi for transforming the Cooperative sector and fulfilling the long-cherished dream of establishing a separate Ministry for Cooperation. The event witnessed the convergence of efforts from various ministries and agencies, reflecting the government’s dedication to rejuvenate the cooperative sector and empower farmers.The initiatives launched by PM Modi signify a paradigm shift in the Cooperative Sector, setting the stage for a cooperative-led agricultural revolution and economic empowerment.