Post Harvest Machinery under APART
Members of Community Beel Fisheries, Charipunia Beel under APART
Sowing of Potato using Zero Tillage Technology under APART
Farm Mechanization under APART
Breeding Process for Fishery Value Chain under APART
Harvesting of Potatoes under Potato Value Chain; APART.
Happy Farmer with his harvested tomatoes.
Polyculture of Mola and Small Indigenous Fish under APART
The Assam AgriFinXamahar (“Xamahar”) is a Challenge Agriculture Fund or a competitive funding mechanism for supporting innovative approaches, especially by the private sector, to deliver financial services at scale for farmers in key agriculture value chains in Assam. It is funded by the World Bank and is being implemented by the Assam Rural Infrastructure and Agricultural Services (ARIAS), under the Assam Agribusiness and Rural Transformation Project (APART).
Initiated as the Assam Challenge Fund for Innovative Finance in Agriculture (ACFIFA), it has been named ‘Assam AgriFin Xamahar,’. The Challenge Fund provides a comprehensive look at the methods, tools, and approaches used by industry leaders in all parts of the nation to improve Assam Value Chain Finance.The underlining aim of the agriculture fund is to facilitate access to finance as well as responsible use of the financial services provided. It envisages acting as a catalyst, which will enable high-impact investment in agriculture in Assam, while encouraging innovation that meet the requirements of all stake holders in agriculture value chains.
The purpose of the Assam AgriFin Xamahar is to support testing and/or scaling-up of tested innovations by financial service providers (banks, MFIs, value chain financiers, insurance companies, payments service providers) that can increase access to financial services (savings, payments, insurance and credit) among agriculture value chains in Assam.
The Fund will support subprojects of financial services innovations in agriculture from business-oriented organizations and Assam Value Chain Finance, through initial risk capital in the form of grants for de-risking them and making them viable. The subproject should play a catalytic role and it is expected that the promoting organizations will scale up the innovations commercially as a part of their business model. This will lead to improved access to financial services in agriculture for a large number of beneficiaries across Assam. The applicant organizations, therefore, must see the innovations as long-term business opportunity and not just for implementing a limited time sub-project.
The Assam AgriFin Xamahar is a Challenge Fund or a competitive funding mechanism for supporting innovative approaches, especially by the private sector, to deliver financial services at scale for farmers in the agriculture value chains of Assam.
Read MoreThe Assam AgriFin Xamahar is a Challenge Fund or a competitive funding mechanism for supporting innovative approaches, especially by the private sector, to deliver financial services at scale for farmers in the agriculture value chains of Assam. It will support, the testing or scaling-up of tested innovations through initial risk financing that can increase access to financial services among the Agriculture and Allied value chains in Assam. The underlining aim of the fund is to facilitate access to finance as well as responsible use of the financial services provided.
The objective of the Assam AgriFin Xamahar is to support testing and/or scaling-up of tested innovations by financial service providers (banks, MFIs, value chain financiers, insurance companies, payments service providers)
Read MoreThe objective of the Assam AgriFin Xamahar is to support testing and/or scaling-up of tested innovations by financial service providers (banks, MFIs, value chain financiers, insurance companies, payments service providers) that can increase access to financial services (savings, payments, insurance and credit) among agriculture value chains in Assam.
The Fund will support subprojects of financial services innovations in agriculture from business-oriented organizations, through initial risk capital for de-risking them and making them viable. The subproject should play a catalytic role and it is expected that the promoting organizations will scale up the innovations commercially as a part of their business model. This will lead to improved access to financial services in agriculture for a large number of beneficiaries across Assam. The applicant organizations, therefore, must see the innovations as long-term business opportunity and not just for implementing a limited time sub-project.
The Assam AgriFin Xamahar will competitively select approximately 8-12 subprojects to partially cover the cost of developing, testing and/or scaling-up innovations in products or process that improve access to finance and lead to the growth of certain agriculture value chains in Assam.
Read MoreThe Assam AgriFin Xamahar will competitively select approximately 8-12 subprojects to partially cover the cost of developing, testing and/or scaling-up innovations in products or process that improve access to finance and lead to the growth of certain agriculture value chains in Assam. The subprojects will have a maximum implementation period of three years each. During its life, Xamahar will aim to directly benefit 125,000 producers including 30% women beneficiaries. Among others, the Fund intends to support subprojects that present higher probability of success and potential for scaling, for example: Innovative solutions that are ready for scaling up: The product concepts already been established/ validated or Innovative solutions that has already been used in rest of India and is applicable to /relevant to the APART value chains in Assam.
It is expected that the applicants demonstrate innovations that caters to existing demand. The applicant’s is expected to offer a solution, which is unavailable in the state or operating at a very low scale.
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Applicants should fulfill all the eligibility norms as provided above in the eligibility criteria.
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Participating projects must submit a Concept Note, briefly detailing the project. The concept note submitted by the applicants will be evaluated on pre determined criteria.
Read MoreThe Assam AgriFin Xamahar has identified priority thematic areas, in which innovations are needed.
Launched by Assam Rural Infrastructure Advisory Services (ARIAS Society) under the Assam Agribusiness and Rural Transformation (APART) project funded by World Bank.
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