<p>Shah said prosperity through cooperation cannot be achieved unless cooperatives function effectively at the panchayat level. "We have kept a target of setting up 200,000 PACS in five years. I want to tell you that we will establish 200,000 PACS before five years. In three months, we established 10,000 new PACS," the minister said.</p><p>The initiative will be rolled out in two phases, with National Bank for Agriculture and Rural Development establishing 32,750 new M-PACS in the first phase, while National Dairy Development Board will set up 56,500 dairy cooperatives and National Fisheries Development Board 6,000 fishery cooperatives.</p>

Centre Launches 10,000 New PACS

1617,2525,359,101,2020,3134

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