Investment activity in the agrarian sector

The article discusses the current state and trends of investment activity in the Russian agriculture. The features of investment injection into the agro-industrial complex in the current economic conditions and against the background of a stable growth in the agricultural production in value terms by 70% over a ten-year period are revealed. During the sanction period of the Russian economy there had been a phased colossal increase in investments into the fixed capital of the agro-industrial complex by more than 60% by 2019, which was associated with a reevaluating of the importance of ensuring the level of the country's food security and reflecting this circumstance in the awareness of the investment potential of the agricultural sector. However, the share of the investments in the agro-industrial complex in the total investments of the Russian Federation had decreased to 4.25% by 2020. The article outlines the role of the state in stimulating agricultural producers to provide tax benefits, concessional lending, grants and subsidies for the development of activities. The structure of the investments into the fixed capital of the agro-industrial complex for 2014 - 2020 by the sources of financing of equity and borrowed funds ratio is 55% and 45%, respectively. The share of the budget funds is 2.4% of the total volume of the borrowed funds for the analyzed period. The dynamics of the investment into the agriculture at the expense of the state budget increased by 55 billion rubles (by 21.5%). The main directions and volumes of financing and distribution of funds for the state support of the agro-industrial complex, including the integrated development of the rural areas, to which 25.6 billion rubles were allocated in 2020, were also analyzed.