Union Home Minister launches computerization scheme for offices of ARDBs, RCSs of states
Union Home Minister and Minister of Cooperation Amit Shah launched the computerization scheme for the offices of the Registrar of Cooperative Societies (RCSs) and Agriculture and Rural Development Banks (ARDBs) of the states in New Delhi yesterday.
On this occasion, Union Minister of State for Cooperation BL Verma, Secretary, Ministry of Cooperation and many dignitaries were present. In his address, Mr Shah said that under the leadership of Prime Minister Narendra Modi, the Ministry has taken another step forward in the direction of realizing the vision of “Sahkaar Se Samriddhi”.
He said that Prime Minister Modi has fulfilled the long-standing demand of the people associated with cooperatives by establishing an independent Ministry of Cooperation. He said that the government has modernized the entire cooperative system starting from the Primary Agricultural Credit Societies (PACSs), computerization of the Registrar of Cooperative Societies offices of the states to the Agricultural and Rural Development Banks.
He added that both these schemes will cost about 225 crore rupees, out of which 120 crore rupees will be spent on ARDBs and 95 crore will be spent on RCSs. He said, this will increase transparency and accountability for farmers, seeking medium and long-term loans.
He said that 10 years of Modi government are about to be completed and in these 10 years, the government has done two important things for the villages, poor and farmers of the country. Mr . Shah said that the Government of India has raised the standard of living of crores of poor people of the country, due to which about 23 crore people have come out of the poverty line.
The Computerization Project of Agricultural and Rural Development Banks (ARDBs) aims to computerize 1851 units of ARDBs located in 13 States and UTs and link them with NABARD through Common National Software.
This initiative of the Ministry of Cooperation will work to enhance the operations, efficiency, accountability, and transparency of ARDB by standardising business processes through the Common Accounting System and Management Information System.
It also aims to reduce transaction costs, facilitate loan distribution to farmers, and enable real-time data access for better monitoring and assessment of schemes.
