09.12.21 Daily [Assam] APSC Current Affairs

To support and strengthen the financing ecosystem/mechanisms in the agricultural domain of the State APART has established the first of its kind initiative, the Assam AgriFin “Xamahar”. Xamahar is a competitive funding mechanism for supporting innovative approaches to deliver financial Services, at a scale in the agribusiness sector in the state of Assam. This fund has been conceptualised by the Assam Agribusiness and Rural Transformation Project (APART), a -financed project of the Assam Government under ARIAS Society.

Through this initiative, the project intends to partner with select 8 to 12 sub-projects from the financial services sector directly benefiting 125,000 beneficiaries of which 30% will be Women.