The Agriculture Insurance Company of India Limited, established in 2002 under the Ministry of Agriculture, implements crop insurance schemes including PM Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme across the country. AICIL recruits Administrative Officers, Assistants, and technical specialists through competitive written examinations and interviews, drawing agriculture and finance graduates who see a unique public-policy niche in insuring India's 140 million farming households. Though smaller than the four general PSU insurers, AICIL's mission-driven mandate and GoI ownership make it a respected employer in the agri-finance space.
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