The Ministry of agriculture starts accepting applications for preferential short-term and investment loans
The document emphasizes that with the support of preferential short-term and investment loans, the Ministry of agriculture will prioritize small forms of farming.
The Ministry plans to allocate 10 billion rubles for preferential and short-term loans this year. Of these, 1.8 billion rubles will be allocated for the development of animal husbandry, these will be short-term loans. And dairy cattle breeding will receive 0.5 billion rubles of investment loans.
As of January 15, borrowers submitted preliminary applications, the total amount of which amounted to 863 billion rubles of loans. Of these, 13.6 billion rubles will be used for subsidies.
In 2019, the total amount of subsidies for preferential loans in the agricultural sector was more than 35 billion rubles.
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