Writeup AP 2011-12 - Punjab State Planning Board

system to an acceptable level of health; (ii) introduce legal and institutional reforms
necessary for their democratic self-reliant and efficient functioning and (iii) take measures to
improve the quality for management. It is to be emphasized that all three components are
equally important and should be treated and implemented as an integrated package. There are
about 3459 Primary Agricultural Cooperative Societies (PACS) and 20 Central Cooperative
Banks and one Punjab State Cooperative Bank Ltd., covered under Short Term Cooperative
Credit Structure. Out of these 2518 Primary Agricultural Cooperative Societies are in profit
and 941 Primary Agricultural Cooperative Societies are in loss. The revival package will
provide financial assistance and also provide financial assistance for Computerization and
Human Resource Development of the cooperative credit structure in the State.
2.8.10 Financial assistance under the package will be available for wiping out
accumulated losses and for clearing the balance sheets of the cooperative credit structure in
the State. The societies which have 30% recovery of the demand as on 30/06/2004 will
qualify for the financial assistance. Capitalization will be full for the Primary Agricultural
Cooperative Societies with a recovery level of 50% and above and those with recovery level
between 30% to 50% will receive financial assistance in three annual installments subject to
achieving 10% increase in recovery on 30/06/2005 with annual increase of 10% thereafter.
2.8.11 An expenditure of Rs. 770.84 lac had been incurred in the Annual Plan 2008-
09. Since the recommendations of the Vaidyanathan Committee Report has not been
implemented, no outlay is provided for the Annual Plan 2011-12.
CN-5 Financial Assistance to Dairy Cooperatives for making silage pits for
progressive Dairy Farms and Milk Producers in the State
125
Outlay - Rs. 100.00 lac
2.8.12 Due to agro-climatic conditions, there is always shortage of green fodder
during the months of May-June and October-November, which results in considerable
downfall in milk production of milch animals, whereas during the months of July-August and
February-March, there is abundance of fodder production in Punjab. To meet the shortage of
green fodder during the months of May-June and October-November, it is proposed that
silage making should be encouraged to check the downfall of milk production during these
months.
2.8.13 An outlay of Rs. 100.00 lac is provided for the Annual Plan 2011-12.