ASF to provide grant for agribusiness services set-up
RE - Agribusiness Support Fund has signed an agreement with Mojaz Foundation, to provide matching grant for establishment of Agribusiness Extension Services wing. CEO ASF Khalid Khan and his counterpart Ramesh Singh Aurora signed the contract which was held at ASF premises in Lahore.
According to detail, Ramesh Singh updated Khalid Khan on the activities of Mojaz Foundation and both parties shared opinions on exploring further avenues of collaboration for development of rural communities through mutual efforts in the Agribusiness sector.
Under the agreement Mojaz Foundation has designed and will implement a quick start up, rapid impact programme designed to improve livelihood for farming and non-farming community of rural Narowal through community-managed market-based agriculture development programme. A new concept to be introduced in this context is the Community Hatti for provision of high quality agricultural inputs to the community members on controlled rates at District level.
ASF was created under the auspices of the Rs 4.1 billion ADDP (Agribusiness Development & Diversification Project of MINFA) with support from ADB. The aim of ASF is developing the agribusiness sector in Pakistan and thereby supporting economic growth and employment generation.