COP-5 Financial Assistance to Agricultural Credit Co-operative Banks (PACS/LAMPS) for Reconstruction and Reestablishment (General/Tribal Area) is a state scheme in Gujarat that helps economically weak but functional cooperative societies get back on their feet. It supports Primary Agricultural Credit Societies (PACS) and Large-sized Agricultural Multi-Purpose Societies (LAMPS) by rewarding them for better credit distribution, loan recovery, and deposit growth.
Agriculture, Farmers Welfare and Cooperation Department runs this scheme to strengthen the grassroots level of the cooperative credit structure in Gujarat. Since these societies form the base of the three-tier cooperative banking system, their health directly affects District and State Cooperative Banks. The scheme is still open for eligible societies to apply through the offline process.
COP-5 Financial Assistance to Agricultural Credit Co-operative Banks (PACS/LAMPS) for Reconstruction and Reestablishment (General/Tribal Area)
This scheme finds potentially viable PACS and LAMPS and gives them performance-based cash incentives. A society that grows its credit and deposit figures above its own past average becomes eligible for the grant. The reward is worked out on the excess amount over the baseline average of the previous years.
As of August 2026, the scheme continues to run in Gujarat under the same rules. An eligible society can claim the incentive once in a financial year, and the maximum amount a society can receive is ₹50,000.
Key Information
| Scheme Name | COP-5 Financial Assistance to Agricultural Credit Co-operative Banks (PACS/LAMPS) for Reconstruction and Reestablishment (General/Tribal Area) |
|---|---|
| Level | State |
| Scheme For | Infra |
| Beneficiary States | Gujarat |
| Category | Agriculture, Rural & Environment |
| Target Beneficiaries | Government Organisation |
| Sub Category | Financial assistance |
| Benefit Type | Cash |
| DBT Scheme | No |
| Nodal Department | Agriculture, Farmers Welfare and Cooperation Department |
| Tags | Agriculture, Co Operative Banks, Reconstruction |
Benefits
Eligible societies receive incentives based on their growth in credit and deposit performance over their baseline average from the previous years. The benefits are calculated as follows:
| Growth Range | Incentive Amount |
|---|---|
| Growth from 10% to 15% | 1% of the excess amount |
| Growth above 15% and up to 20% | 1.5% of the excess amount |
| Growth above 20% | 2% of the excess amount (subject to a maximum of ₹50,000 on deposits up to ₹2,00,000) |
Note: The benefit of this scheme is available only once in a financial year.
Eligibility
To be eligible for this support, the society should meet the following criteria:
- It must be a registered Agricultural Co-operative Credit Society, specifically either a PACS or a LAMPS in Gujarat.
- It must keep a track record of operational performance, with at least the last three years of operation for PACS and at least the last two years for LAMPS.
- It should provide documented performance data showing measurable growth in credit disbursement, loan recovery rates, and deposit collection volumes.
Application Process
There is no online application process, so societies must follow these offline steps to apply for the grant:
STEP 1 - Prepare a formal proposal detailing the society's performance metrics, including credit disbursed, loans recovered, and deposits collected.
STEP 2 - Submit the completed application along with all required supporting documents to the District Registrar's Office.
STEP 3 - The District Registrar will verify the performance data and forward the eligible requests for final processing and financial approval.
Documents
To make the checking process smooth, the following documents should be prepared:
- Growth and recovery records for the last three years (for PACS) or two years (for LAMPS).
- Audited financial statements or annual reports.
- Proof of valid credit disbursement and total deposits collected.
- Official Society Registration Certificate.
- Identity proof for the society's authorized office bearers.
- Bank account details of the society.
- Any additional documentation requested by the registrar during submission.
References
Registrar of Co-Operative Societies, Gujarat
FAQ's
What is the primary objective of this scheme?
This scheme provides financial support to Primary Agricultural Credit Societies (PACS) and Large-sized Agricultural Multi-Purpose Societies (LAMPS) in both General and Tribal areas to help them restructure and reestablish their services well.
Who is eligible to participate in this scheme?
Any registered Agricultural Co-operative Credit Society (PACS/LAMPS) that has been operational for at least three years (or two years for LAMPS) can participate.
How frequent can a society claim these benefits?
A society can get the benefits of the scheme once per financial year.
What is the minimum operational period required?
A PACS must show at least three years of operational history, whereas a LAMPS must show at least two years of operation.
Which performance metrics are rewarded?
The scheme rewards societies that show consistent growth in short and medium-term credit disbursement, improved loan recovery, and higher deposit collection rates.
What is the maximum incentive amount available?
The incentive is capped at 2% of the excess amount or ₹50,000, whichever is lower, calculated on deposits up to ₹2,00,000.
Are societies in Tribal areas eligible?
Yes, the scheme covers both General and Tribal area cooperative societies without distinction.
Can newly registered societies apply?
No, the scheme is for established societies meeting the minimum operational time requirements of either two or three years.
Where should the application be submitted?
The application should be submitted directly to the District Registrar's Office.
Is there an online application process?
No, the application has to be submitted manually through the offline process at the District Registrar's Office as there is no online portal.