Assam is predominantly dependent on agriculture for its socio-economic development.
The Assam AgriFin Xamahar aims to plug various gaps and promote investment in agri-enterprises by supporting development of a modern agri supply chain to improve producer’s access to knowledge, technologies and infrastructure. It will also support Fintech prospects in Assam.
The following are glimpses of the opportunity that the state provides.
Agriculture Credit Potential | INR 8,640 Crore Unmet Credit Potential |
Credit Deposit Ratio | 44% |
Crop Insurance penetration in Assam | 2.7% (Compared to the national average of 39%) |