The Association of Mutual Funds in India (AMFI) today announced “Farm to Financial Freedom” Initiative at AMFI Mutual Fund Summit.

The “Farm to Financial Freedom” initiative seeks to equip farmers with essential financial knowledge to make informed financial decisions and foster wealth creation. The project will involve 1,000 Investor Awareness Programs, targeting 75,000 dairy farmers — 70% of whom are women — with a focus on financial education and independence.

 

Key highlights of the initiative:

·         Large-scale “financial empowerment project” tailored for dairy farmers.

·         Collaboration with village and district-level cooperatives.

·         Partnerships with agencies facilitating bank accounts and loan access in villages.

·         Last-mile financial inclusion, prioritizing those most in need.

·         Special emphasis on empowering women, the backbone of India’s dairy sector.

 

Along with the initiative, AMFI released reports “The mutual funds route to Viksit Bharat @2047” and “The Sahi Journey AMFI Factbook 2024”.

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