India, July 22 -- The Government of India issued the following news release:

The Ministry of Cooperation has undertaken various important initiatives to ensure the long-term financial viability of Multipurpose Primary Agricultural Credit Societies (MPACS) across the country, including economically challenged regions, while simultaneously addressing the challenges faced by small and marginal farmers in obtaining affordable credit and quality inputs. These measures include the following:

Plan to 'strengthen cooperative movement in the country and deepen its reach up to the grassroots' through establishment of 2 lakh new multipurpose PACS, Dairy and Fishery cooperative societies through convergence of various existing Government of India sch...