The Assam Apex Weavers and Artisans Cooperative Federation Ltd. (ARTFED) was formed on 27th July 1977 by reorganizing the Assam Apex Weavers Cooperative Society Ltd.

The project was commenced on 21-09-2018 Mulberry Yarn Bank Scheme is under two committees i.e. (i) Governing Body (ii) Management Committee Weavers were selected from the 4 Nos. Gaon Panchayat i.e. Pub, Pachim, Madhya and Bangshor, Sualkuchi. Selected Weaver beneficiaries are found to be 4833 ARTFED procures Yarn at Mill Gate Price from M/S NHDC Ltd. ARTFED sells Yarn to selected weavers beneficiaries at 20% subsidized rate.