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GUJARAT

 
Status as on 10 July 2008
 
Untitled Document

Particulars

Status

Execution of
MoU

Executed on 21 December 2006

Monitoring through SLIC & DLIC

  1. Constitution of State Level Implementing Committee (SLIC)/ DCCB Level Implementing Committee (DLIC) notified on 15 March 2007.
  2. Four meetings of SLIC held since signing of MoU 
  3. 121 DLIC meetings held so far in various districts

Assessment of
Recapitalisation Assistance

Special Audit of Primary Agricultural Credit Societies (PACS)
Special Audit conducted in 7176 PACS out of 7699 PACS affiliated to 18 CCBs. Respective DLICs have recommended recapitalisation assistance on behalf of these PACS to SLIC. Total financial package assessed and recommended by SLIC for release so far is detailed below:

(Rs. crore)

Category $

No. of PACS

GoI Share

State Govt. share

PACS Share

Total

Category  I

4896

142.49

10.82

13.40

166.71

Category II

892

113.45

7.52

6.81

127.78

Category III

1386

306.19

20.16

11.96

338.31

Total

7174

562.13

38.50

32.17

632.80


$ PACS categorized based on Recovery as on 30 June 2004 as detailed below:

Category I- Recovery equal to or more than 50%;

Category II- Recovery equal to or more than 30% but less than 50%;

Category III- Recovery below 30%

Release of funds

GoI share and State Govt. share released towards recapitalisation assistance under the Package is detailed below:

(Rs. crore) 

Date of GoI Release

No. of PACS

GoI share released

State Share released

PACS Share

Total

18.03.2008

3365*

121.58

10.13

12.48

144.19

* Category I PACS

Cooperative Reforms

Gujarat Cooperative Societies Act, 1961 amended through Gujarat Cooperative Societies (Amendment) Act, 2008 and Official Gazette issued on 23 January 2008.

HRD Initiatives

  1. Gujarat State Coop. Union (GSCU) identified as nodal agency to coordinate and organise training programmes for capacity building.
  2. 15 Master Trainers trained by BIRD, Lucknow, on training modules for PACS Secretaries and elected members.
  3. 129 District Level Trainers (DLTs) trained by Master Trainers
  4. DLTs imparted training to 6,978 PACS Secretaries at District/ Taluk level.    
 
For further information contact ahmedabad@nabard.org
 
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