The Cabinet of Ministers approved the proposal of the Ministry of Agriculture to allocate 3 billion rubles from the reserve fund as a contribution of the Russian Federation to the authorized capital of the state leasing company Rosagroleasing JSC. These funds will be used to increase the rate of renewal of the agricultural machinery fleet on favorable terms and to reduce the financial burden on lessees.
It is envisaged that at the expense of these funds, domestic farmers will receive an additional 374 units of new self-propelled agricultural equipment (153 tractors and 221 combines) on a financial lease (leasing) basis for seasonal field work.
The Ministry of Agriculture, together with JSC "Rosagroleasing", is currently carrying out a large-scale campaign to renew the fleet of equipment in the agro-industrial complex by leasing the means of production. In addition to the Federal Leasing program, since February 2019, the Ministry has been implementing a departmental program to update the fleet of equipment - OPT 2.0, under which agricultural producers of Russian regions can purchase equipment and machinery on preferential terms.
Source: http://mcx.ru/