Uttarakhand Parvatiya Aajeevika Sanvardhan Company (UPASaC)

Rural development department of government of uttarakhand (GoUK)

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Key Profiles:-

Smt. Manisha Panwar (IAS),
Additional Chief Secretary
Government of Uttarakhand
Chairperson UPASaC

Shri. Ram Vilas Yadav (IAS)
Additional Secretary &
Managing Director UPASaC

Shri Vivek Upadhyay
Chief Executive Officer

About Us

Uttrakhand Parvatiya Aajeevika Sanvardhan Company (UPASaC) is a “Social Venture Capital Company” registered under section 25 of Companies Act, 1956 and revised section 8 of Companies Act 2013. It came into being on 29th March 2006. The Company is promoted by Rural Development department Govt. of Uttrakhand.

Presently UPASaC is involved in implementing the livelihood enhancement and support system and development finance component of the Integrated Livelihood Support Project (ILSP) which is being run in Uttrakhand by the International Fund for Agriculture Development (IFAD) in collaboration with Govt. of Uttrakhad since 2013.

UPASaC was initially covering 44 blocks of 11 districts of Uttrakhand state as the area of operation of ILSP project is restricted only to 11 districts but since UPASaC’s services are now also being utilized by USRLM (Uttrakhand State Livelihood Mission) which is also under Rural Development Department of Govt. of Uttrakhand, and covers all the 13 districts and 95 blocks of the state, as such, UPASaC’s area of operation is now in all the 13 districts and 95 blocks (ILSP+USRLM)of Uttrakhand.

UPASaC’s Structure:-
At the apex level there is Board of Directors which comprises Principal Secretary (Rural Development) Govt. of Uttrakhad, Two Addl. Secretaries of Uttrakhand Govt. and one Dy. Director of DRDA Cell of Uttakhand Govt.
Then there is Chairman of the company, who presently is Additional Chief Secretary of Uttrakhand Govt., Managing Director is Addl Secretary (R.D) and CEO is Dy. Director of DRDA Cell of Uttakhand Govt. There are two consultants one for Finance and Banking, Ex. Official (Chief Vigilance Officer and AGM) of State Bank of India and one Company Secretary. One Manager Finance & Administration, other official staff and 11 Rural Finance Coordinators for field work are there in the districts.