What does AACP mean in PLANNING
The abbreviation AACP stands for Assam Agricultural Competitiveness Project. This project was started by the Government of India to assist the state of Assam in improving and strengthening its agricultural sector and infrastructure. The primary aim of this project is to improve the competitiveness and productivity of farmers in Assam, as well as enhance their income and livelihoods. In order to achieve these goals, several initiatives are being implemented under this project, such as the establishment of agri-business parks, improved irrigation system, access to credit support services, research activities in agriculture and horticulture, information technology enabled services and skill development initiatives. It also provides financial assistance for the projects implemented by NGOs and other private sector institutions.
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AACP meaning in Planning in Governmental
AACP mostly used in an acronym Planning in Category Governmental that means Assam Agricultural Competitiveness Project
Shorthand: AACP,
Full Form: Assam Agricultural Competitiveness Project
For more information of "Assam Agricultural Competitiveness Project", see the section below.
» Governmental » Planning
What does AACP Stand for?
AACP stands for Assam Agricultural Competitiveness Project. The primary purpose of this project is to strengthen and improve the agricultural sector in the Indian state of Assam so that it can become more competitive on a global scale. By doing so, it will help to improve the livelihoods of those who rely on agricultural activities for their source of income. This includes providing access to improved irrigation systems, credit support services, research activities in agriculture and horticulture, information technology enabled services and skill development initiatives. Through these efforts, this project aims to enhance agricultural production and productivity within the state while simultaneously creating jobs for people living in poverty-stricken areas across India’s rural population.
Essential Questions and Answers on Assam Agricultural Competitiveness Project in "GOVERNMENTAL»PLANNING"
What is the Assam Agricultural Competitiveness Project (AACP)?
The Assam Agricultural Competitiveness Project (AACP) is an initiative of the Government of India and the World Bank Group, aimed at enhancing the competitiveness and productivity of the agricultural sector in the Indian state of Assam. The project supports over 250,000 smallholder farmers by improving access to finance, technology and market opportunities.
Where is AACP located?
AACP focuses on smallholder farmers in Assam, India. This project seeks to improve agricultural productivity and competitiveness in this region.
What does AACP aim to achieve?
The overall goal of AACP is to improve food security and poverty reduction through enhanced agricultural competitiveness and income growth for smallholder households in targeted areas. Specifically, it seeks to increase access to financial services for smallholder farmers through improved credit delivery; expand access to knowledge, markets, and technology through strategies such as Farmer Linkages; and strengthen farming cooperatives for better delivery of rural services.
How does AACP support smallholder farmers?
AACP provides financial support in two ways. First, it encourages banks and other microfinance institutions to provide loans with better terms (e.g., lower interest rates) for smallholders so that they have greater access to working capital for their agricultural activities. Second, it provides training on new farming practices so smallholders can better understand how to use modern technologies available that can help them increase their yields or reduce input costs such as fertilizers or labor costs.
What are some specific components of AACP?
The specific components include Financial Support Services; Inputs & Output Value Chain Development; Knowledge Generation & Dissemination; Capacity Building & Institutional Strengthening; Market Information System Development & Extension; Rural Service Delivery Mechanisms; Monitoring & Evaluation of Impacts on Smallholder Farmers’ Livelihoods; Risk Mitigation Tools; Policy Reform Measures; Socio-Economic Impact Analysis; Impact Assessment Metrics Qualitative/Quantitative Indicators etc.
Who runs the program?
The program is being implemented by a consortium led by KPMG India Limited along with Oxfam India, Mental Health Foundation India and International Water Management Institute (IWMI).
Who funds AACP?
AACP is funded by World Bank Group with an overall budget estimated at US$100 million.
Final Words:
In conclusion, AACP stands for Assam Agricultural Competitiveness Project which is an initiative taken up by the Government of India with an aim to strengthen and develop the agricultural sector in India's northeastern state of Assam so that it can become more competitive on a global level. To achieve these goals several programs have been initiated including access to improved irrigation systems, credit support services,, research activities in agriculture & horticulture,, information technology enabled services & skill development initiatives have been initiated with assistance from NGOs & private sector institutions providing financial aid too. All these measures thus serves not only towards increasing production & output but also create jobs for people living below poverty line.
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