Russia may cut the amount of farm subsidies from 54 to 7
Источник: The DairyNews
Russian Ministry of Agriculture plans to cut the amount of subsidies destined for agricultural sector from 54 to 7. This was announced by the Ministry’s head Aleksander Tkachyov at a meeting with Vladimir Putin.
The main goal of the initiative is to make a simple and transparent system of financial support.
Reaction of regional offices of the Ag. Ministry to the new scheme was different, but they all admitted that the current amount of subsidies is really very large and the new approach could simplify offices’ work and make the system clearer.
However milk producers are not much concerned about the technical issues, their main question – will the subsidies decrease in value terms, according to The DairyNews survey.
Meanwhile the National Dairy Producers Union (SOUZMOLOKO) stands against the subsidies consolidation. The union anticipates that it may lead to derangement of farm sector support priorities on the federal level. As a result regions may start allocating subsidies in favor of projects with short payback period, not the ones of strategic importance.
Read full article in Russian
Reaction of regional offices of the Ag. Ministry to the new scheme was different, but they all admitted that the current amount of subsidies is really very large and the new approach could simplify offices’ work and make the system clearer.
However milk producers are not much concerned about the technical issues, their main question – will the subsidies decrease in value terms, according to The DairyNews survey.
Meanwhile the National Dairy Producers Union (SOUZMOLOKO) stands against the subsidies consolidation. The union anticipates that it may lead to derangement of farm sector support priorities on the federal level. As a result regions may start allocating subsidies in favor of projects with short payback period, not the ones of strategic importance.
Read full article in Russian
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