PRIMARY AGRICULTRE CO-OPERATIVE

CREDIT SOCIETY
 CHAPTER-1
INRODUCTION:
PRIMARY AGRICULTURE CO-OPERATIVE CREDIT
SOCIETY (PACCS)
Primary Agricultural Cooperative Credit Societies play a vital role in fulfilling the credit
needs of the rural population at grass root level. There are 4,450 Primary Agricultural
Cooperative Credit Societies functioning in the State. The main objective is to provide
agricultural and non-agricultural credit in rural areas. Agricultural credit includes KCC loans and
loans for allied agricultural purposes like purchase of farm machineries, micro irrigation,
purchase of milch animals etc. Non Agricultural credit includes loans for housing, income
generating activities of Self Help Groups and other Non-Farm Sectors. These societies undertake
distribution and sale of agricultural inputs like fertilizers, seeds and other agricultural inputs. In
addition, Fair Price shops are being run by Primary Agricultural Cooperative Credit Societies

The Primary Agriculture Credit Societies (PACS) form the vital third tier in the three tier
structure of the Short Term Cooperative Credit Structure (STCCS). The other two tiers are
comprised of District Central Cooperative Bank (DCCBs) (2nd tier) and State Cooperative Bank
(STCBs) (1st tier). National Bank for Agriculture and Rural Development (NABARD), has
earlier taken the initiative to bring most of the STCBs and DCCBs on Core Banking Solutions
(CBS) platform which has enabled them to give modern-day technology-based banking facilities
to their clients. However, the PACS have so far been largely out of the ambit of the technology
support

PACS are owned by farmers, rural artisans etc. and aim at promoting thrift and mutual
help among the members; cater to their credit requirements and provide credit-linked services
like input supply, storage and marketing of agricultural produce etc. DCCBs provide direct
linkages to the PACS through direct financing. The STCBs are primarily responsible for control
and coordination of the finances of DCCBs.
 The large out-reach of PACS to the Small and Marginal Farmers (SMFs) make them a
systemically important class of agricultural credit purveying institutions. Further, there is a felt
need to develop cooperatives as vibrant business enterprises by enabling them to provide
multiple services to their members with support of technology in order to fulfill members’
requirements.

Keeping in view the above and to make PACS self-reliant in tune with ‘Atmanirbhar
Bharat Abhiyaan’, the Government of India (GOI) has, on 29th June 2022 approved the
Centrally Sponsored Project for Computerisation of Primary Agricultural Credit Societies for a
period of five years from 2022-23 to 2026-27.

The Primary Agricultural Co-operative Credit Societies undertake the sale of agricultural
inputs like fertilizers, seeds and small agricultural equipments. In addition, 16,177 full time,
8,151 part time and 15 Mobile Fair price shops are run by Primary Agricultural Co-operative
Credit Societies. The performance of Primary Agricultural Co-operative Credit Societies during
the 2005 to 2015 is given below:
 CHAPTER-2
2. AIMS AND OBJECTIVES OF PACCS
The Aims and Objectives of the Projects are includes in the following:

 To bring in efficiency, accountability, transparency at PACCS and improve profitability.

 To bring in accuracy and uniformity in the conduct of business, accounting with entries
originating at the transaction level and reporting thereof through standardization of
processes, implementation of Common Accounting System (CAS) and Management
Information System (MIS) and compliance to stipulation
 To transform PACCS into multi service entities, offering to members in particular and the
rural population in general, an array of services covering agriculture and allied activities;
financial and non-financial products.
 To seamlessly connect PACCS with the higher-tier institutions and Government
departments in the domains of agriculture, banking and rural development for
dissemination of knowledge to grassroots.
 To leverage on the unique strength of PACCS i.e. their captive member base, to design
and offer personalized products and services and thereby improve the socio-economic
landscape of rural India.
 To ensure accurate delivery of funds and subsidies through DBT to the targeted
beneficiary groups.
 To enable PACCS to provide doorstep banking services to facilitate easier access to
banking services.
 To enable PACCS to utilize digital acceptance infrastructure like Point of Sale (POS)/
mobile POS (MPOS)/ QR Code Readers/Green Pin solution /BHIM Aadhaar pay device,
etc. in the establishments run by PACCS like fertilizer shops, Seed Processing units, etc.
to facilitate cashless/digital transactions.
 To expand financial services to unbanked villages / areas, improve the overall
performance and efficiency of PACCS and STCCS, increase rural employment
opportunities and reduce migration to urban areas.
FEATURES OF PACCS

 For the uninitiated, a PACCS is the first building block of the century-old cooperative
banking system of India.
 PACCS can play a colossal role, in bringing farmer communities closer to credit, inputs,
market and value addition.
 No commercial bank branch can ever come close to providing the kind of services a
Primary Agriculture Credit Society (PACCS) can.
 PACCS can also play a major role by integrating its warehouse with the physical and
financial supply chain of agro-commodities in the upcoming Garmin Agriculture Markets
(GrAMs) or large warehouses in the private sector.
 General Body of PACCS: Exercise the control over board as well as management.
 Management Committee: Elected by the general body to perform the work as prescribed
by the society’s rules, acts, and by-laws.
 Chairman, Vice-Chairman, and Secretary: Work for the benefit of the members by
performing their roles and duties as assigned to them.
 Office Staff: Responsible for performing day to day work.
 The strengthening of Primary Agriculture Credit Societies (PACCS) refers to the process
of enhancing the capacity, efficiency, and effectiveness of these cooperative institutions
that will be providing multiple services to the farmers and rural agricultural communities,
apart from credit and financial services.
 By strengthening Primary Agriculture Credit Societies, governments and stakeholders
aim to improve the overall state of agriculture, uplift rural communities, and promote
inclusive economic growth. These efforts can contribute to poverty reduction, food
security, and sustainable development in agrarian economies.
 The members of the societies are, to a larger extent, farmers who take shares in the
PACSs to borrow money for agricultural purposes. The value of each share is generally
nominal so as to enable even the poorest farmer to become a member.

CHAPTER -3
HISTORY OF CO-OPERATIVE BANKS
The proposal for agricultural banks was first mooted in 1858 and again in 1881 by
[Link] Wedderburn the District Judge of Ahmednagar, in consultation with Justice
M.G. Ranade, but was not accepted. In March 1892, Mr. Frederick Nicholson was placed
by the Governor of Madras Presidency (for enquiring into the possibility) of introducing
in this Presidency, a system of agricultural or other land banks and submitted his report in
two volumes in 1895 and 1897.

In 1901 the Famine Commission recommended the establishment of Rural Agricultural

Banks through the establishment of Mutual Credit Associations, and such steps as were
taken by the Government of North Western provinces and Oudh. The underlying idea of
a number of persons combining together was the voluntary creation of a new and
valuable security. A strong association competent to offer guarantees and advantages of
lending to groups instead of individuals were major advantages. The Commission also
suggested the principles underlying Agricultural Banks.

Cooperative Credit Societies Act, 1904 - The First Incorporation

The 1904 Act provided for constitution of societies, eligibility for membership,
registration, liabilities on members, disposal of profits, shares and interests of members,
privileges of societies, claims against members, audit, inspection and enquiry,
dissolution, exemption from taxation and rule making power. All other operational and
managerial issues were left to the local governments namely to formulate suitable rules
and model bye-laws of the cooperative societies. The institution of the Registrar,
visualized as a special official mechanism to be manned by officers with special training
and appropriate attitudinal traits to prompt and catalyze co-operative development was
the result of the Cooperative Societies Act of 1904.

Cooperative Societies Act, 1912

 With the developments in terms of growth in the number of cooperatives, far exceeding
anticipation, the Cooperative Societies Act of 1912 became a necessity and cooperatives
could be organized under this Act for providing non-credit services to their members. The
Act also provided for Federations of cooperatives. With this enactment, in the credit
sector, urban cooperative banks converted themselves into Central Cooperative Banks
with primary cooperatives and individuals as their members. Similarly, non-credit
activities were also cooperatively organized such as purchase and sales unions, marketing
societies, and in the non-agricultural sector, cooperatives of handloom weavers and other
artisans.

Maclagen Committee on Cooperation (1914)

After the 1912 Act, the first Cooperative Housing Society, the Madras Cooperative Union
in 1914, the Bombay Central Cooperative Institute in 1918 and similar institutions in
Bengal, Bihar, Orissa, Punjab etc. came up. Other than consumer cooperatives and
weavers cooperatives, other non-agricultural credit cooperatives generally performed
well and grew in strength and operations during this period.

Government of India Act, 1919

In 1919, with the passing of the Reforms Act, Cooperation as a subject was transferred to
the provinces. The Bombay Cooperative Societies Act of 1925, the first provincial Act to
be passed, among others, introduced the principle of one-man one-vote.

The agricultural credit scenario was a matter of concern and various committees looked
into the problems of cooperative banks in various provinces. The Royal Commission on
Agriculture in 1928 also reviewed the cooperative sector and among others recommended
the setting up of land mortgage banks.

In both agricultural and non-agricultural non-credit sectors, societies were organized, but
most faced difficulties in operation as a result of opposition by private marketing
agencies and also the inexperience of their office bearers. This focused attention on
 strengthening of cooperative institutes and unions for education and training. A
prominent development of this time was the setting up of the All India Association of
Cooperative Institutes in 1929.

The setting up of the Reserve Bank of India (RBI) in 1934 was a major development in
the thrust for agricultural credit. The Reserve Bank of India Act, 1934 itself required the
RBI to set up an Agricultural Credit Department. As cooperatives were to be channels for
rural development, with the establishment of popularly elected governments in 1935,
programmes were drawn up in which rural indebtedness received priority. The Mehta
Committee appointed in 1937 specifically recommended reorganization of Cooperative
Credit Societies as multi-purpose cooperatives.

The Second World War boosted the prices of agricultural commodities leading to
increased returns to farmers and consequently reduction in over-dues to the cooperatives.
To counter shortages of essential commodities for domestic consumption as well as raw
materials, the Government resorted to procurement of commodities from producers and
rationing, for which it decided to utilize the cooperatives. This provided a momentum to
the growth of multi-purpose cooperatives.

The period between 1939-1945 provided a further stimulus to the growth of the Urban
Cooperative Credit structure. Many societies had started banking functions and had
grown in size and operations over a period of time, with substantial diversification of
activities.

Multi-Unit Cooperative Societies Act, 1942

With the emergence of cooperatives having a membership from more than one state such
as the Central Government sponsored salary earners credit societies, a need was felt for
an enabling cooperative law for such multi-unit or multi-state cooperatives. Accordingly,
the Multi-Unit Cooperative Societies Act was passed in 1942, which delegated the power
of the Central Registrar of Cooperatives to the State Registrars for all practical purposes.
In 1944, the Gadgil Committee recommended compulsory adjustment of debts and
 setting up of Agricultural Credit Corporations, wherever cooperative agencies were not
strong enough.

Cooperative Planning Committee (1945)

The Cooperative Planning Committee under the chairmanship of Shri R.G. Saraiya was
set up in 1945. The Committee found cooperative societies to be the most suitable
medium for democratization of economic planning and examined each area of economic
development.

Pre-Independence Development

In 1946, inspired by Sardar Vallabh Bhai Patel and led by Shri Morarji Desai and Shri
Tribhuvan Das Patel, the milk producers of Khera District of Gujarat went on a fifteen
day strike. Their refusal to supply milk forced the Bombay Government to withdraw its
order granting monopoly procurement rights to Polson, a private dairy. History was made
when two Primary Village Milk Producer Societies were registered in October 1946.
Soon after on 14th December 1946, the Khera District Cooperative Milk Producers Milk
Union known as Amul was registered.

It would be appropriate to mention here some developments in Bombay vis-à-vis

cooperatives, which had an impact on the cooperative sector. Shri Vaikunth Bhai Mehta
took over as Minister, In-charge of Cooperation in the Bombay Government after which
the cooperative movement in the province received a boost. A Committee on Cooperative
Education and Training under the chairmanship of Sir Janardan Madan, made
recommendations for cooperative education programmes and the setting up of an
Education Fund. The Agricultural Credit Organization Committee, with Sir Manilal
Nanavati as Chairman recommended State assistance in agricultural finance and
conversion of all credit cooperatives into multi-purpose cooperatives. It also
recommended a three-tier cooperative credit banking system, and various subsidies etc.

Developments in the Post-Independence Era

 After India attained Independence in 1947, cooperative development received a boost,
with cooperatives being given a vital role in the various plans formulated by the Planning
Commission. The First Five Year Plan (1951-56), outlined in detail the vision of the
cooperative movement in India and the rationale for emphasizing cooperatives and
panchayats as preferred organizations for economic and political development. The Plan
emphasized the adoption of the cooperative method of organization to cover all aspects of
community development. It provided for setting up of urban cooperative banks, industrial
cooperatives of workers, consumer cooperatives, housing cooperatives, diffusion of
knowledge through cooperative training and education and recommended that every
government department follow the policy of building up cooperatives

All India Rural Credit Survey Committee (1951)

A major watershed initiative at this time was the appointment by Government of the
Gorwala Committee, popularly known as the All India Rural Credit Survey Committee.
The A Committee was appointed in 1951 and submitted its report in 1954. It observed
that large parts of the country were not covered by cooperatives and in such areas where
it had been covered, a large segment of the agricultural population remained outside its
membership. Even where membership did exist, the bulk of the credit requirement
(75.2%) was met from other sources.

The Committee recommended introducing an integrated system of rural credit,

partnership of the government in the share capital of the cooperatives and also
appointment of government nominees on their boards, thus participating in their
management. The Committee emphasized the importance of training. The creation of the
State Bank of India was also a major recommendation.

The Government and the elected representatives accepted the basic approach and the
major recommendations of the Gorwala Committee. The Union Government acquired a
major interest in the Imperial Bank which was converted into the State Bank of India. A
National Cooperative Development and Warehousing Board was set up. The Reserve
 Bank of India Act was amended to enable it to play an active role in building up of
cooperative credit institutions.

The All India Cooperative Congress, held at Patna in 1956, accepted the principle of state
participation and government representation on the Board of Directors of cooperatives. It
resolved that the number of such nominees should not exceed one-third of the total
number of Directors or three, whichever is less and applicable even to cooperatives
having government share capital in excess of 50% of total share capital. This
recommendation was accepted by the Central Government.

In 1953, the Government of India and the Reserve Bank jointly constituted a Central
Committee for Cooperative Training to establish necessary training facilities for
cooperative personnel. The All India Cooperative Union and the State Cooperative
Unions were entrusted with training of members and office bearers of cooperative
organizations.

After the Indo-China war in 1962, both the Consumer Cooperative Structure and the
Public Distribution System (PDS) was strengthened. The government as a matter of
policy decided to give preference to consumer or other cooperatives in the allotment of
fair price shops and certain States allotted new fair price shops only to cooperatives.

With the growth of public deposits in Urban Cooperative Credit Societies, it was felt
necessary to insure these under the Deposit Insurance Scheme of Reserve Bank of India.
Selective provisions of the RBI Act 1934 and later Banking Regulation Act 1949 were
made applicable to Cooperative Banks March 1, 1966 to regulate their banking business
and facilitate insurance coverage of deposits. Thus, they became an integral part of the
banking system of the country.

NABARD Act, 1981

 The National Bank for Agriculture and Rural Development (NABARD) Act was passed in 1981
and NABARD was set up to provide re-finance support to Cooperative Banks and to supplement
the resources of Commercial Banks and Regional Rural Banks to enhance credit flow to
the agriculture and rural sector.

Multi-State Cooperative Societies Act, 2002

The Multi-State Cooperative Societies (MSCS) Act, enacted in 1984, was modified in
2002, in keeping with the spirit of the Model Cooperatives Act. Unlike the State Laws,
which remained as a parallel legislation to co-exist with the earlier laws, the MSCS Act,
2002 replaced the earlier Act of 1984.

NCDC Amendment Act, 2002

Recognizing the need to improve its scope of lending and to bring about changes in its
funding, the NCDC Act was amended in 2002, which has enabled it to cover notified
services, livestock and industrial activities and more importantly to directly fund
cooperatives against suitable security.

National Cooperative Policy (2002)

In 2002, the Government of India enunciated a National Cooperative Policy. The

objective of the Policy is to facilitate an all-round development of cooperatives in the
country. The policy promises to provide cooperatives with the necessary support,
encouragement and assistance, to ensure their functioning as autonomous, self-reliant and
democratically managed institutions, accountable to their members, and making a
significant contribution to the national economy.

CHAPTER-4
FINANCING AND DEVELOPING PACCS

Primary Agricultural Credit Societies (PACS), being registered cooperative societies, have been
providing credit and other services to their members. PACS generally provide the following
facilities to their members:

 Input facilities in form of cash or kind component

 Agriculture implements on hiring basis
 Storage facility

It has been observed that although PACCS are generally meeting out credit requirements of their
members, there is a need to provide other add on services to them. There is therefore a critical
need and scope for developing PACCS as units which meet all the needs of farmers. Units which
both encourage and enable their farmer members strive towards better returns on agricultural
produce, adopt latest technology to increase agricultural production, use new technology &
High-Yielding Variety (HYV) seeds store their produce in a scientific way to minimise storage
losses and also provide pledge loan against this scientifically stored produce to bridge their credit
gap. PACCS can play an important role in providing these facilities to the farmers. To increase
the business portfolio of PACCS so as to make it a self-sustainable entity, it is essential that the
PACCS should provide additional services like providing agriculture implements on hiring basis,
enabling collective purchase of inputs, have good quality storage capacity as per Negotiable
Warehouse Receipt System, etc.

In order to enable PACCS to provide more services to their members and generate income for
themselves, an initiative has been taken to develop PACCS as Multi Service Centers. This will
enable PACCS to provide ancillary services to their members and diversify their activities.

Availability of Funds:
 a) Loan under PODF:

NABARD will also support some of the PACS identified by the committee under PODF.

Eligibility

PACCS, being a registered society having the membership of farmers, is eligible to be assisted
under PODF. Since the PACS are already an existing legal entity, the requirement of the grant
support is not to the extent as in case of Producers Organisations. However, to facilitate PACCS
in taking up these activities for the benefit of the farmers, need based grant support is available
which should not be utilised towards the capital cost of the project. In any case, the grant does
not exceed 10% of the loan component. Interest free or low interest loan can also be considered
in lieu of grant. The following activities can be supported:

 Knowledge dissemination centre

 Training to farmers
 Initial administrative cost to start new business activities

Margin by PACCS:

Minimum 10% of the project cost. However, in case of rural godown, the margin will be as per
the scheme in case the subsidy is claimed by PACS. As of now, NABARD is not one of the
eligible institutions to claim subsidy under Grameen Bhandaran Yojana.

Interest Rate:

The interest rate under PODF is fixed by NABARD’s Asset Liability Committee (ALCO).

Repayment:

The repayment term will be maximum 9 years, including a grace period of two years.

b) Loan through CCB or RRB:

 Loans with subsidy element can be sanctioned under PODF to CCBs for PACCS in its
area of operation. Each project will be evaluated by NABARD. Since CCB will be
taking the loan from NABARD for on lending to PACCS, it may charge a maximum
additional 1% interest over and above the interest rate charged by NABARD. For
example, if the loan is sanctioned to CCB @ 10%, CCB should not charge more than
11% from PACS. Loan can be routed through RRB (where DCCB is not in good health).
Other terms & conditions will remain the same as per PODF guidelines. In case of loans
routed through DCCBs/RRBs, NABARD will continue to be involved in identifying
PACCS, appraising proposals and monitoring project implementation and loan recovery.
However, this should not make the DCCBs/RRBs feel at any point of time that they are
just a pass through agency.

c) Loan from CCB/RRB or from own sources:

PACCS can either use their own sources or avail credit facilities from CCB & RRB. In
such a case, the grant support from PODF is not available. CCB or RRB can avail of
refinance facilities as per the usual terms & conditions. Regional Office will keep a track
of the facilities being developed at PACCS level and monitor the same at regular
interval. In cases where loan is from the DCCB or RRB, or own resources are being used
and financial support from NABARD is not being taken, NABARD would guide in
project formulation, if necessary, so as to enable best utilisation of funds.

Number of PACS during 2005- 2006 to 2014-2015

 CO-OPERATIVE YEARS NUMBER OF SOCIETIES
2005-2006 89827
2006-2007 53339
2007-2008 67146
2008-2009 46222
2009-2010 89523
2010-2011 90279
2011-2012 101297
2012-2013 90958
2013-2014 93042
2014-2015 92789
Source: National Co-operative Union of India, Indian Co-operative Movement
Statistical Profile-2016
In the year of 2005-2006, 89827 PACS were functioning in India, after this year next three
consecutive years respectively 2006- 07, 2007-08 and 2008-09 the trend of number of PACS are
highly fluctuated. From 2009-2010 and next two years respectively 2010-2011 and 2011-2012,
the number of PACS was highly increased. After 2011-12 again the trend of number of PACS

NUMBER OF SOCIETIES
120000
100000
80000
60000 NUMBER OF SOCIETIES
40000
20000
0
6 7 8 9 0 1 2 3 4 5
2 00 200 200 200 201 201 201 201 201 201
- - - - - - - - - -
05 06 07 08 09 10 11 12 13 14
20 20 20 20 20 20 20 20 20 20

Status of Membership during 2005-2006 to 2014-2015 (In thousands):

 YEARS TOTAL MEMBERSHIP
2005-2006 93560
2006-2007 92018
2007-2008 92711
2008-2009 65821
2009-2010 122226
2010-2011 106136
2011-2012 127646
2012-2013 110068
2013-2014 130120
2014-2015 121088
Source: National co-operative Union of India, India Co-operative Movement .

Statistical Profile-2016

Status of Membership during 2005-2006 to 2014-2015 (In thousands)

TOTAL MEMBERSHIP
140000
120000
100000
80000
60000
40000
20000
0
2005- 2006- 2007- 2008- 2009- 2010- 2011- 2012- 2013- 2014-
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

TOTAL MEMBERSHIP

PACS: Status of Paid up Capital During 2005-2006 to 2014-2015

 YEARS PAID UP CAPITAL
2005-2006 4540
2006-2007 3168
2007-2008 4685
2008-2009 2786
2009-2010 6828
2010-2011 7005
2011-2012 9467
2012-2013 8008
2013-2014 9789
2014-2015 11068
Source: National Co-operative Union of India, Indian Co-operative Movement

Statistical Profile-2016

Status of Paid up Capital during 2005-2006 to 2014-2015

TOTAL LOANS OUTSTANDING

160000
140000
120000
100000
80000 TOTAL LOANS OUTSTAND-
ING
60000
40000
20000
0
7 8 9 0 1 2 3 4 5
0 06 00 00 00 01 01 01 01 01 01
2 - -2 -2 -2 -2 -2 -2 -2 -2
2
0 5- 06 07 08 09 10 11 12 13 14
0 0 0 0 0 0 0 0 0
20 2 2 2 2 2 2 2 2 2

Status of Deposits during 2005-2006 to 2014-201

 CO-OPERATIVE YEARS TOTAL DEPOSITE
2005-2006 17566
2006-2007 16054
2007-2008 10981
2008-2009 13375
2009-2010 35680
2010-2011 37282
2011-2012 54763
2012-2013 37561
2013-2014 81895
2014-2015 84616
Source: National Co-operative Union of India, Indian Co- operative Movement

Statistical Profile-2016

Status of Deposits during 2005-2006 to 2014-2015

TOTAL LOANS OUTSTANDING

160000
140000
120000
100000
80000 TOTAL LOANS OUTSTAND-
ING
60000
40000
20000
0
6 7 8 9 0 1 2 3 4 5
00 2 00 200 200 201 201 201 201 201 201
2 - - - - - - - - -
5- 06 07 08 09 10 11 12 13 14
2 00 20 20 20 20 20 20 20 20 20

Status of Loan Advanced during 2005-2006 to 2014-2015

 YEARS TOTAL LOANS ISSUED
2005-2006 35552
2006-2007 25277
2007-2008 32932
2008-2009 27465
2009-2010 72882
2010-2011 85296
2011-2012 122826
2012-2013 98440
2013-2014 171420
2014-2015 159050
Source: National Co-operative Union of India, Indian Co- operative Movement

Statistical Profile-2016

Status of Loan Advanced during 2005-2006 to 2014-2015 (Rupee in Crores)

TOTAL LOANS OUTSTANDING

2005-2006
2014-2015 2000002006-2007

2013-2014 100000 2007-2008 TOTAL LOANS OUTSTAND-

ING
0

2012-2013 2008-2009

2011-2012 2009-2010
2010-2011

Status of loan outstanding during 2005-2006 to 2014-2015 (Rupee in Crores)

YEARS TOTAL LOANS OUTSTANDING

 2005-2006 41024
2006-2007 32773
2007-2008 40244
2008-2009 28515
2009-2010 80487
2010-2011 79504
2011-2012 103462
2012-2013 91171
2013-2014 130054
2014-2015 147226
Source: National Co-operative Union of India, Indian Co- operative Movement

Statistical Profile-2016

Status of loan outstanding during 2005-2006 to 2014-2015 (Rupee in Crores)

160000
TOTAL LOAN OUTSTANDING

140000
120000
100000
80000
60000
40000 TOTAL LOANS OUTSTAND-
ING
20000
0
6 07 08 09 10 11 12 13 14 15
2 00 -20 -20 -20 -20 -20 -20 -20 -20 -20
- 6 7 8 9 0 1 2 3 4
0 05 00 00 00 00 01 01 01 01 01
2 2 2 2 2 2 2 2 2 2
YEARS