Rajasthan government formed a panel to study NABARD's HR policy for Primary Agricultural Credit Societies (PACS). The committee will examine NABARD's human resource management framework, recruitment processes, and organizational structure specifically for PACS operations. This initiative aims to strengthen cooperative credit delivery at grassroots level. PACS serve as the foundation of India's three-tier cooperative credit structure, providing agricultural loans to farmers. The study will inform policy reforms for better financial inclusion in rural areas.

Primary Agricultural Credit Societies (PACS) form the base of India's cooperative credit structure, directly serving farmers with agricultural loans and other financial services. NABARD oversees and supports PACS operations through policy guidance, refinancing, and capacity building. Rajasthan's decision to study NABARD's HR policy for PACS reflects growing recognition that human resource management is critical for cooperative effectiveness. PACS often struggle with inadequate staffing, lack of professional management, and limited technical expertise. By examining NABARD's HR framework, Rajasthan aims to identify best practices for PACS governance, staff recruitment, training protocols, and performance management. This study is significant because PACS handle approximately 40% of India's agricultural credit disbursement, making them crucial for financial inclusion. Effective HR policies can improve PACS viability, reduce non-performing assets, and enhance service delivery to smallholder farmers. The initiative aligns with government efforts to strengthen cooperative institutions and achieve the target of doubling farmers' income through improved credit access.