Cooperative Societies in Bhagalpur - 21st July 2026 - Ministry of Cooperation - Gazette Notification PDF
Issued by Ministry of Cooperation
Read or download the official PDF of this gazette notification issued by the Ministry of Cooperation on 21st July 2026. Classified under Press Release.
Executive Summary & Key Takeaways
Executive Summary This report outlines the status of cooperative societies in Bhagalpur and the progress of the national "Computerization of PACS" project as of July 2026. The initiative, aimed at realizing the "Sahakar-se-Samriddhi" vision, has increased its financial outlay to ₹2,925.39 crore to transition 79,630 societies to an ERP-based software. Key objectives include establishing multipurpose cooperatives in every panchayat over the next five years and integrating them with NABARD.
Key Points / Main Content
Cooperative Status in Bhagalpur
- As of July 15, 2026, Bhagalpur district has 788 cooperative societies, of which 728 are currently functional.
National Computerization of PACS Project
- Launched in 2022, the project's scope was expanded from 63,000 to 79,630 functional Primary Agricultural Credit Societies (PACS).
- The total financial outlay was increased from ₹2,516 crore to ₹2,925.39 crore.
- PACS are being migrated to a common national ERP-based software, linking them to NABARD via State Cooperative Banks (StCBs) and District Central Cooperative Banks (DCCBs).
- Current progress as of July 15, 2026: 79,630 PACS approved, 65,875 units of hardware delivered, and 63,686 societies onboarded to the ERP.
Expansion and Strengthening of Cooperatives
- A plan is in place to establish new multipurpose PACS, dairy, and fishery cooperatives in all remaining panchayats and villages over five years.
- Since February 2023, 38,138 new societies have been registered, and 21,292 existing dairy and fishery societies have been strengthened.
- This initiative is supported by NABARD, NDDB, NFDB, and State/UT Governments.
Digitalization Initiatives
- Digitalization efforts extend to the Central Registrar’s Office (CRCS) and Registrar of Cooperative Societies (RCS) offices in States/UTs.
- Targeted computerization is also being implemented for Agriculture and Rural Development Banks (ARDBs).
Financial Disbursements
- A total of ₹1,143.11 crore has been released under the project between 2022 and 2027 (including the central share for States/UTs and NABARD).
- Maharashtra, Gujarat, and Rajasthan are the top three recipients of the released funds.
Impact Analysis
Primary Agricultural Credit Societies (PACS) Impact: Transitioning from manual to digital operations via ERP software; improved connectivity with NABARD and district banks. Action Required: Complete hardware installation and onboard designated personnel to the common national software.
State and UT Governments / RCS Offices Impact: Increased administrative efficiency through the computerization of Registrar offices and support for local cooperative registration. Action Required: Facilitate the registration of new multipurpose societies to ensure coverage of all panchayats within the five-year target.
NABARD, NDDB, and NFDB Impact: These bodies serve as primary support agencies for the expansion and technical integration of cooperatives. Action Required: Provide technical guidance and financial oversight for the establishment and strengthening of dairy, fishery, and agricultural societies.
Rural Communities and Farmers Impact: Increased access to multipurpose cooperative services at the village and panchayat levels. Action Required: Engage with newly registered local societies for credit, dairy, and fishery services as they become functional.