The Role of Primary Agricultural Cooperative Credit Society in reducing rural Poverty and improving Standards of Living: The study on A N Mangalam at Salem District | IJCT Volume 12 – Issue 6 | IJCT-V12I6P40
International Journal of Computer Techniques
ISSN 2394-2231
Author
G.Vigneshwaran,
Dr. K. Ravichandran
Abstract
This research examines the contribution of the A.N. Mangalam Primary Agricultural Cooperative Credit Society (PACCS) in Salem District to alleviating rural poverty and improving living standards. PACCS, as a local financial institution, offers key services such as short- and medium-term credit, agricultural support, and promotion of self-employment and economic inclusion. The study focuses on how PACCS facilitate access to institutional credit for small and marginal farmers, reducing their reliance on informal moneylenders. Furthermore, the study examines the role of society in generating rural employment, empowering women through self-help groups (SHGs), and promoting the development of allied agricultural activities, including dairy and mushroom production. Through the provision of access to essential farming inputs, financial literacy education, and the promotion of community projects, PACCS significantly contributes to empowering rural families and enhancing their socio-economic conditions. The evidence supports the importance of cooperative credit institutions in enhancing inclusive rural development.
Keywords
PACCS, Rural Poverty, financial inclusion, Self-Help Group (SHGs), Agricultural Credit, Rural Livelihood.
Conclusion
PACCS have emerged as essential in addressing the financial and development needs of rural communities. This study highlights the vital role of PACCS in providing affordable credit, supporting agricultural activities, generating employment, promoting financial inclusion, and contributing to rural infrastructure and community development. Through their grassroots presence and member-driven approach, PACCS have helped reduce the dependence of rural households on informal sources of credit and has enabled them to invest in productive and income-generating activities. Their efforts in distributing agricultural inputs, encouraging savings habits, and facilitating government schemes have further strengthened their impact on rural livelihoods.
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How to Cite This Paper
G.Vigneshwaran,
Dr. K. Ravichandran (2025). The Role of Primary Agricultural Cooperative Credit Society in reducing rural Poverty and improving Standards of Living: The study on A N Mangalam at Salem District. International Journal of Computer Techniques, 12(6). ISSN: 2394-2231.
The Role of Primary Agricultural Cooperative Credit Society in reducing rural Poverty and improving Standards of Living The study on A N Mangalam at Salem DistrictDownload
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