Primary Agricultural Credit Societies (PACS)

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Context

Union Cooperation Minister Amit Shah said that the Centre has decided to ensure formation of Primary Agricultural Credit Societies (PACS) in every village by 2027.

ALL ABOUT PACS: https://www.iasgyan.in/daily-current-affairs/primary-agricultural-credit-societies-13#:~:text=What%20are%20Primary%20Agricultural%20Credit,gram%20Panchayat%20and%20village%20level.

https://www.iasgyan.in/blogs/primary-agricultural-credit-societies

PRACTICE QUESTION

Q. Discuss the deficiencies in the functioning of Primary Agricultural Credit Societies (PACS) in India. What measures can be taken to address these deficiencies and enhance the effectiveness of PACS in rural credit delivery and agricultural development?