Tag: Agricultural Credit Societies to Operate as Public Service Centers in Tamil Nadu

DAILY NATIONAL EVENTS

Agricultural Credit Societies to Operate as Public Service Centers in Tamil Nadu ▪ Union Home Minister Amit Shah announced in Parliament that the 4,453 agricultural credit societies in Tamil Nadu will function as public service centers. ▪ Efforts are in full swing to computerize and integrate 67,930 agricultural credit societies nationwide. ▪ This initiative will provide benefits such as rapid loan disbursement, low service charges, and transparency in money handling. ▪ These agricultural credit societies will operate as public service centers, offering over 300 services including: ✓ Banking transactions ✓ Life insurance ✓ Aadhaar card application and modification ✓ Health-related services ✓ Electricity bill payment ▪ Nationwide, 40,214 agricultural credit societies, with 4,453 in Tamil Nadu, are being transformed into public service centers. For Tamil Nadu, the central government has allocated ₹28.2 crore in the current financial year for computerizing agricultural credit societies and the cooperative registrar's office.