+44 207 394 30 90 (London)

1.2 trillion RUB have been channelled to support agriculture over the last 6 years

Main » Uncategorized » 1.2 trillion RUB have been channelled to support…

Over 1.2 trillion RUB have been channelled from the federal budget to support agro-industrial complex, said Dmitry Medvedev, Prime Minister in an annual address at the State Duma. According to him, it is through state support the production of food grew 20% since 2012, record harvests are noted, the dependence of import decreased.

“This remarkable growth is a result of unprecedented support to agriculture, the attention paid to its development. Over 1.2 trillion RUB have been channelled from the federal budget”, stated Medvedev. The agrarians have access to concessional loans at 5% interest rate, the regions now can determine the priority agriculture sectors to be supported. Besides the farmer grants has increased.

Farm machinery production has grown three-fold for the last three years, the share of domestically produced agri-machinery amounted to 56%. “That is all became possible due to state support measures for farmers who purchased Russian machinery at a discounted price”, informed Mr. Medvedev. According to the Ministry of Agriculture, in 2017 the number of purchased harvesters increased 0,5% up to 6,2k units. Last year energy supplies for agrarians grew 0,4% to 149,2 HP per 100ha.

Russian agriculture will preserve growth rates in 2018, said Anatoly Kutsenko, Director of the Department for Economy, Investment, Agriculture Market Regulation. According to him, federal spending within the national programme amounted to 218,1bn RUB in 2016, 233,8bn RUB in 2017, including 76,3bn RUB (33%) to support investment activity in agriculture (reimbursement of interest rate on loans, partial reimbursement of CAPEX, subsidization of soft investcredits), 58,3bn RUB (25%) for the development of agriculture sectors (unified subsidy, greenbox subsidies). Mr. Kutsenko reminded that in 2018 a total of 242bn RUB are planned to be allocated to support agriculture. Moreover, according to Minagri’s head Alexander Tkachev additional 30bn RUB will be channelled. “Yesterday I discussed the current situation with the President. He agreed on the matter”, said Mr. Tkachev and added that the funds would be aimed at the development of rural areas, concessional lending and equipment retrofit.

Source: Agroinvestor

MORE

НА СТАВРОПОЛЬЕ СОЗДАДУТ БОЛЕЕ 10 ТЫСЯЧ ГА ОРОШАЕМЫХ ЗЕМЕЛЬ

По мнению экспертов мелиорация является одной из опорных точек в развитии краевого агропромышленного комплекса. Напомним, за последние пять лет в крае построили и реконструировали более 29 тысяч гектаров орошаемых земель. Поэтому в 2019 году на Ставрополье появится еще десять 10 тысяч таких гектаров. На эти цели в рамках двух программ – «Развитие мелиорации земель сельскохозяйственного…


New grain exporters’ union established in Russia

The largest traders of the Russian grain market announced the establishing of a new union of grain exporters. According to the press-release Eduard Zernin, Deputy General Director of United Grain Company, will become the CEO of the union. Four companies – Aston, Glenkor Agro MZK, OZK-Yug, Trade House RIF – signed the memorandum on the…


Stavropol region plans to triple agriculture export up to 1b dollars before 2024

The authorities of the Stavropol region are planning to triple agriculture export up to 1b dollars, as informed by the Head of the region, Mr Vladimirov. “As for the agriculture: we have a goal and we are planning to triple export up to 1b dollars, while current export rate equals about 300m dollars”, said Mr…