Primary Agricultural Credit Societies (PACS) in India

GS Paper 3  Syllabus: Agriculture Credit   Source: PIB  Context: The Ministry of Cooperation has introduced Model Bye-Laws to revitalize Primary Agricultural Credit Societies (PACS).   What are Model Bye-Laws? The Model Bye-Laws empower PACS to diversify by engaging in over 25 business activities, including dairy, fishery, godowns, credit services, and more. Provisions ensure inclusive …