Assam Project on Forest and Biodiversity Conservation Society (APFBC Society) was created by State Government of Assam as a Special Purpose Vehicle (SPV) registered under the Societies Registration Act, 1860.

It is co-funded by Agence Francaise de Developpement and State Government of Assam. It envisages integration of sustainable forest management interventions with special emphasis on income generation and livelihood security of forest dependent communities which covers entire states of Assam.

The responsibility for preparation of the micro plan and need based alternate livelihood development plans, including value chain improvements and market linkage for their products through ‘Ban Bazaar’ for the inhabitants of forest fringe village spread across the state has been entrusted to a consortium (COMPELO-Consulting service for Micro Planning Enhancing Livelihood Opportunities) led by the Indian Institute of Entrepreneurship (IIE) with Rastriya Gramin Vikas Nidhi (RGVN) and Centre for Microfinance and Livelihood (CML) as associate partner.

Areas covered under project by RGVN include 25 JFMC/EDCs under the divisions of Karimganj, Cachar, Sibsagar, Hailakandi, Nagaon and Eastern Assam Wildlife Division.