Lok Sabha Question No. 352 (UNSTARRED), answered on 2025-07-22
Subject: AgriSure Fund
Ministry: AGRICULTURE AND FARMERS WELFARE
Asked by: Shri Dulu Mahato

## GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE

## DEPARTMENT OF AGRICULTURE AND FARMERS WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 352

TO BE ANSWERED ON 22 ND  JULY, 2025

## AGRISURE FUND

## 352. SHRI DULU MAHATO:

Will the Minister of AGRICULTURE AND FARMERS WELFARE कृ ͪष एवं ͩकसान कãयाण मंğी be pleased to state:

- (a) whether the objective of the AgriSure Fund is to promote technological innovation in the agriculture sector and help farmers manage risks, if so, the details thereof;
- (b) whether an amount of Rs. 500 crore has been allocated under this fund, which focuses on agricultural insurance, data analytics, smart equipment and digital solutions;
- (c)  whether  the  Farmer  Producer Organization  (FPOs), startups, State  Governments  and agri-tech companies fulfil the eligibility criteria in this regard;
- (d) whether the funds are utilised for insurance, crop monitoring and technical service, if so, the details thereof;
- (e) whether any targets have been set for the State of Jharkhand, if so, the details thereof;
- (f) whether any monitoring mechanism has been set up by partnering with banks insurance companies and State agencies; and
- (g) whether small and marginal farmers are being accorded priority and benefited through grants and technical assistance, if so, the details thereof?

## ANSWER

THE MINISTER OF STATE FOR AGRICULTURE AND FARMERS WELFARE कृ ͪष एवं ͩकसान कãयाण राÏय मंğी (SHRI RAMNATH THAKUR)

- (a): The objective  of  the  AgriSure  Fund  includes  providing  investment  support to  early stage  Start-ups  providing  innovative,  technology-driven  solution  to  farmers  in  agriculture and allied sector.

The  Fund  intends  to  achieve  this  by  directly  investing  in  startups  as  well  as  by making  contributions  to  other  Alternative  Investment  Funds  (AIFs)  for  investment  in Startups as per the objectives of the Fund.

(b): The total  corpus  of  the  Fund  is  ₹750  crore.  Department  of  Agriculture  &  Farmers Welfare, Government of India and NABARD contributing ₹250 crore each. Remaining ₹250 crore is to be mobilised from Banks, Financial Institution and other private investors.

The Objectives of the Fund include investment in Start-ups working in agriculture and allied sector to  promote digital and innovative solutions and emerging technologies like IoT, AI, Pressing farming, climate smart technologies etc. No  separate allocation focusing exclusively on agricultural insurance, data analytics, smart equipment and digital solutions has been made.

(c): The AgriSURE Direct Scheme of the Fund shall invest only in Start-ups recognized by  Department  for  Promotion  of  Industry  and  Internal  Trade  (DPIIT)  and  incorporated  in India,  subject  to  being  found  suitable  for  investment  as  per  the  investment  policy  of  the Fund. The investment decisions of the Fund are made as per the Investment policy of the Fund by an Investment Committee in line with the Operational guidelines of the Fund.

(d): The  investments  from  the  Fund  are  made  as  per  the  objectives  of  the  Fund  into Start-ups  as  well  as  Category  I  and  Category  II  Alternative  Investment  Funds  (AIFs)  in Agriculture  and  Rural  sector.  Start-ups  providing  Insurance,  crop  monitoring  solution  and technical services may be benefitted out of the Fund, if found investible as per fund policy.

(e): The Fund will make investment across India with no state specific target.

(f): The  AgriSURE  is  the  SEBI  registered  Fund,  regulated  by  SEBI  (AIF)  Guidelines, 2012. The monitoring mechanism has been prescribed in the Operational Guidelines of the Fund,  as  approved  by  DA&FW.  The  Banks  and  Insurance  Companies,  when  acting  as Limited Partners,  have  the  right  to  monitor  the  investee  companies.  The  progress  of  the Fund is reported to GoI (DA&FW) on a periodic basis.

(g): The  Fund  does  not  have  any  component  for  grant  and  technical  assistance. However, the solutions provided by the start-ups supported under the Fund are intended to benefit small and marginal farmers to make them available innovative solution at affordable cost.

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