The Kerala government to ensure home delivery of social security and welfare pensions through district cooperative banks (DCBs) and primary agriculture credit societies (PACSs) will likely shore up the fortunes of these cooperative institutions in the state, reports Hindu.
According to the operational guidelines, the home delivery of pension amounts, the Cooperative Department or the DCBs will select one or more PACSs the last mile institutions in the cooperative sector.
In places where the designated credit society is not functioning well, the DCB branches or other credit cooperatives will be allowed to take up the job of pension disbursement.
The home delivery will be carried out by the bill collector or the designated employee or activity group within the prescribed time limit. One local body in Kollam district will be selected for a pilot to test the functioning of the mechanism.