Uttarakhand Parvatiya Aajeevika Sanvardhan Company (UPASaC)
It is being implemented by Uttarakhand Parvatiya Aajeevika Sanvardhan
Company (UPASaC) and the major activities under this component
include:
a) Banking support – which covers capacity building, support to banks
and local financial institutions to opening new branches in the
project area.
b) Loan at reasonable rates/ Venture financing with banks to the
business enterprises emerging under the project area as per the
business plan of the ventures.
c) Risk management – piloting and scaling up of insurance services
such as weather, cattle, health insurance.
c) Financial inclusion initiatives – training to LC to be bank agents
as Business Correspondent/ Business facilitator, product literacy
training etc.
d) Provision of development finance to ULIPH federations as viability
gap funding to promote the agribusiness activities.
The component is targeted to cover complete ILSP area.