AFC India Ltd. (formerly Agricultural Finance Corporation Ltd.), is a multi-disciplinary cross-functional development organization providing consulting, advisory and implementation support for agriculture, rural development and other strategic socio-economic sectors in India.
Established way back in the year 1968, AFC is wholly owned by Commercial Banks, NABARD and EXIM Bank. AFC is a Deemed Government Company under Section 139 (5) and 139 (7) of the Companies Act, 2013 and its accounts are audited by Comptroller & Auditor General of India (CAG). AFC is also accredited with ISO 9001-2015.
In its five decades of operations, AFC has accomplished more than 6000 consulting assignments of diverse nature to clientele ranging from Government of India, State Governments, NABARD, Commercial Banks, Cooperative Banks, PSUs, Corporates, NGOs and multilateral agencies viz. World Bank, IFAD, ADB,EOI, FAO, UNDP etc. to name a few.
AFC is endowed with the privilege of having worked in almost all the sub-sectors and thematic areas associated with its focal sectors viz. agriculture, rural development and socio-economic development.
AFC has core competence in providing a wide range of services such as identification of potential projects for promoting development in different sub-sectors, conducting pre-feasibility/scoping studies, baseline studies, potential surveys, formulation & appraisal of projects, techno-economic project appraisals, monitoring & evaluation, impact assessment, needs assessment, socio-economic studies etc.
Over the years, AFC has diversified into large scale grassroots level project implementation in areas such as organic farming, agriculture extension, agri-business development, watershed development, forestry, climate change, rural livelihood promotion, education, health & nutrition, training & capacity building, skilling and financial literacy.
AFC is now serving the entire value chain of agriculture and rural development from policy advocacy to project implementation and management, training and capacity building to skill development in rural and semi-urban areas.