Role of Assam Small Farmers' Agri Business Consortium in PDF
To aggressively promote agribusiness project development in Assam as an extended arms of Central SFACs.
ASFAC in consultation with Central SFAC will prepare a plan for agribusiness project development in the state.
ASFAC after due diligence and ascertaining the backward linkages as per the objectives will recommend agribusiness projects to Central SFAC for venture capital.
ASFAC with the assistance under PDF facility from Central SFAC, will organize awareness and Entrepreneurship Training & Development Camps, Publicity Campaigns, for setting up identified projects. ASFAC will undertake promotional activities and organize producer group’s seminar/meeting etc. ASFAC may get published guidelines, brochures, pamphlets and posters etc. of VCA scheme in local language. It may use other means of advertisement to get wider publicity for the scheme at the cost of Central SFAC.
Help producer groups in framing pre-feasibility reports and facilitate interaction with local banks/financial institutions for their recommendation.
Function as repositories of information maintaining a data base of potential areas, producer groups and marketable surplus of various crops available.
Provide venture capital to small projects out of interest earned on the Corpus fund and refer large projects to Central SFAC.
As a member of SLBC, raise the issues concerning agribusiness project development in the state during the SLBC meetings and organize awareness camps in coordination with local Banks/State Government.
Monitor the projects assisted through VCA facility in implementation stage and intimate developments/deficiencies to Central SFAC for initiating remedial action.
The ASFAC in coordination with the State agencies and lending banks shall assist Central SFAC in recovery of VCA in cases where the beneficiaries of VCA have not refunded the venture capital as per the original schedule.
