"The prosperity through cooperation cannot be achieved unless cooperatives function effectively at the panchayat level. The government is working to ensure prosperity at panchayats," Shah said at the launch event. "We have kept a target of setting up 2 lakh PACS in five years. I want to tell you that we will establish 2 lakh PACS before five years. In three months, we established 10,000 new PACS," the minister said.
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