Naveen inaugurates computerisation of PACS and Rupay KCC

Odisha Chief Minister Naveen Patnaik today inaugurated computerisation of PACS and launched RuPay Kisan Credit cards in the state.
Speaking on the occasion, Patnaik said Odisha is the first state to implement an integrated Core Banking Solution Project covering all three tiers of short term cooperative credit structure - state cooperative bank, district central cooperative banks and 2,708 primary agriculture cooperative societies.
With computerisation of PACS, farmers are now able to draw their sanctioned loans from the ATM network of National Payments Corporation of India (NPCI) having 2.14 lakh ATMs of all banks across the country.
Patnaik distributed micro ATMs for dispensation of loans at the doorsteps of the farmers and said the Government is keen to address all requirements of the farmers by converting the PACS as One Stop Shops.

Speaking on the occasion, Surya Narayan Patro, minister, cooperation, said because of CBS in cooperative banks and PACS, the proceeds of paddy procurement operations is to the extent of around Rs 8,000 crore credited directly to the farmers account.
Now farmers of the state are empowered to access credit through the ATM network and Odisha is the first state in the country to introduce such foolproof system to ensure transparency through technology and teamwork.
The chief minister inaugurated computerisation of PACS and distributed RuPay Kisan cards to farmer members of the PACS of Banki, Khurda and Bolangir CCBs.
After the function, a Bank on Wheels flagged off by the chief minister in September, 2015 dispensed cash to farmers through RuPay Kisan cards in the premises of Jayadev Bhawan, a release said.