REVIVAL PACKAGE FOR SHORT TERM COOPERATIVE CREDIT STRUCTURE (STCCS).

Under Revival package out of 249 PACS and 2 LAMPS working under the Bank, 190 PACS are eligible to receive finance assistance of Rs.9194.59 lakhs from NABARD at first stage as per their recovery performance as on 30th June’2004. We have already received Rs.4573.22 lakhs from NABARD.

Balance 59 PACS has already been eligible as per recovery performance as on 30th June’2006 and claim of Rs.2515.12 lakhs has been submitted to NABARD.

Capacity building training programme for PACS functionary:

As per the MoU 441 PACS functionaries (Secretary/ Asst. Secretary) and 150 Management members of PACS have been trained under the Capacity Building Training programme in 23 (15+8) batches. The trained personnel have been advised to discuss the subject matter of training with the members of Committee of Management of PACS.