Assam govt signs MoU with Caspian Impact Investment Adviser morungexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morungexpress.com Daily Mail and Mail on Sunday newspapers.
Assam Rural Infrastructure and Agricultural Services (ARIAS) Society, an autonomous body under the Assam government signed a Memorandum of Understanding (MoU) with the Caspian Impact Investment Adviser Pvt. Ltd. (Caspian Equity), a venture .
With a corpus of Rs 250 crore, AAIF is a unique sector-specific fund through a State government in India, focusing on boosting agricultural productivity and employment generation in the state. It will mainly invest in small and medium enterprises in the agribusiness and allied sectors to achieve accelerated growth.
A Rs 250 crore fund has been created in Assam by multiple stakeholders, including World Bank, to promote small and medium units in the agriculture sector, officials said on Tuesday.