Particulars | Status |
Execution of MoU | Executed on 16 November 2006 |
Monitoring through SLIC & DLIC |
- Constitution of State Level Implementing Committee (SLIC)/ DCCB Level Implementing Committee (DLIC) notified on 24 July 2007.
- Two meetings of SLIC held at state level
- 69 DLIC meetings held in various districts
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Assessment of Recapitalisation Assistance | 1. Special Audit of Primary Agricultural Credit Societies (PACS)
Special Audit conducted in 2602 PACS out of 2732 PACS affiliated to 17 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 | 1404 | 280.01 | 36.84 | 21.08 | 337.93 |
Category II | 894 | 255.87 | 26.5 | 23.21 | 305.58 |
Category III | 229 | 57.94 | 4.14 | 4.57 | 66.65 |
Total | 2527 | 593.82 | 67.48 | 48.86 | 710.16 |
$ 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%
2. Special Audit of Central Cooperative Banks (CCBs)
Special audit of CCBs has been completed and checking of audit reports by CAs is under progress |
Release of funds | GoI share and State Govt. share released towards recapitalisation assistance under the Package is detailed below:
(Rs. crore)
Date of Release | No. of PACS * | GoI share | State Govt. share | CCS share | Total |
21.02.2008 | 700 | 140.00 | 36.84 | 21.08 | 337.89 |
02.04.2008 | 704 | 139.97 |
Total | 1404 | 279.97 | 36.84 | 21.08 | 337.89 |
* Category I PACS |
Cooperative Reforms | Orissa Cooperative Societies Act, 1962 amended through Orissa Cooperative Societies (Amendment) Act, 2008 and Official Gazette issued on 20 March 2008. |
HRD Initiatives |
- ACSTI of OSCB, Bhubaneswar, Madhusudan Institute of Coop. Management (MICM) and Orissa State Coop. Union (OSCU) identified as nodal agencies to coordinate and organise training programmes for capacity building in the state.
- 22 master trainers trained by BIRD, Lucknow on training modules for PACS Secretaries and elected members
- 104 District Level Trainers (DLTs) trained by the Master Trainers
- DLTs imparted training to 4,111 PACS functionaries and 2,815 elected members at District / Taluk level
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Computerisation of CAS and MIS in PACS | Training Programme on CAS/MIS for 105 identified resource persons have been completed. |