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🔵Add some advanced tech points in answers like: ---use of block-chain in bringing transparency to cooperative banks ---use of BUSINESS ANALYTICS 👆above all needs organisational willingness to innovate and transform the means and methods of banking 🔵Read the Conclusion nicely..... It has many suitable concluding lines for essays and answers.

✅️Do read above page minutely to know how and why rural cooperative credit institutions need to maximize the welfare of their farmer members by delivering services beyond conventional credit. ✅️to know about Warehouse Receipt Financing📒 ✅️issues of cyber security and cooperatives----fact:cyber security risks and fraud are comparatively high in cooperative banks due to low investment in system security 🅾️Read Remedies above!👆 ✅️ to know how to use DRONES ☢️ in increasing efficiency and accuracy of agri-insurance products

🅾️ Issues in digitisation process of PACS: 👉inadequate rural infrastructure 👉internet connectivity 👉low skill of computers 👉incomplete and inconsistent books and records in PACS 🅾️Remedies: 👉digital integration of PACS with upper tiers 👉providing computer infrastructure with internet connectivity (Optical fibre Network-BharatNet) 👉data entry, trained, dedicated manpower 👉customisation of ERPs 🔵Read prelims information on PACS 👆like PACS account for 41 % of KCC loans. It acts as nodal agency at panchayat level for the delivery of financial and non-financial services like DBT, ISS, PMFBY etc...

📫The digitisation aspect of cooperative banks can be understood in terms of two aspects--Digitisation of StCCS and technology adoption for customer interface, service delivery and decision making •••••••••••••••••••••••• 📝 ECOBANet----example and case study to be used in Mains writing. Read above👆 ••••••••••••••••••••••••• 📫 StCBs and DCCBs fall under the purview of RBI, have been automated by the Centralised Online Real-time Exchange (CORE) based banking Solutions {CBS} 👉this helps the banks in maintaining a single set of books of accounts in electronic form. 🧰Read above how robust office management system of Enterprise Resource Planning (ERP) is crucial in maintaining office records of cooperatives which still handle it manually that ultimately dampens the efficiency of cooperative banks

Prelims point: 📒 The farmers are members or owners of PACS. 📒PACS are linked to the nearest DCCBs, whereas DCCBs are members of StCBs. 📒These institutions fall under the regulatory purview of the RBI and are suprrvised by NABARD 🅾️Data: 🧾Presently there are 34 StCBs, 351 DCCBs and around 95000 PACS (65000-functionally viable )

✍️Lines to beautify your 'Mains' • Theme: Life and lessons #dailyquotes #ETHICS #ESSAY #UPSCCSEMAINS

Daily Mains Answer Writing,| Part 1 #upsc #perfection_ias #answerwrittin... https://youtube.com/watch?v=2wpn912vyUc&feature=share7

🔵Example of Women Empowerment through Cooperation --Mann Deshi of Maharashtra 🔵Conclusion

🔵Best examples of Coopertives and their diversification , which we can use in Mains and Essays 🔵like AMUL's diversification in ice - creams and other frozen milk confectioneries 🥛🍧🍨 🔵Nandini Good life --milk brand of Karnataka Milk federation example in geographical diversification 🔵Anjarakandi Urban Cooperative Bank in Kerala in service diversification like selling of coconut🥥-based products like copra, coconut water/milk/oil

🔵Whole process of viable Coopertive Business Strategies

🔵Indian Cooperatives Example :SOFA of Sittilingi in TN 🔵Read about the need of business diversification and how it can be done

Business Verticals of National Agricultural Cooperatives Marketing Federation of India Ltd.: 👉production of bio-fertilizers and certified seeds🥔🥔 👉 procurement of wheat n paddy🌿🌾 👉implementation of National Animal Diseases Control Programme(NADCP) of GoI 👉production of Organic Farming and Certified Organic Products 👉federation of Indian FPDs and Aggregators (FIFA) 👉NAFED Bazaars

✍️Lines to beautify your 'Mains' • Theme:Philosophy #dailyquotes #ETHICS #ESSAY #UPSCCSEMAINS

🎙️For information on Answer Writing of next GS-Papers:GS-3 and 4, u can reach me out here👉@CSR_UPSC_IAS