The Ministry of Agriculture and the Ministry of Industry and Trade predict that the market for agricultural machinery in Russia will double in five years, up to 200 billion rubles. Deputy Minister of Agriculture Dzhambulat Khatuov announced this during a meeting on the mechanisms of support for the purchase of domestic agricultural machinery by agricultural producers.
“Together with the Ministry of Industry and Trade, we prepared a forecast for the development of the domestic agricultural machinery market for the next five years. We expect that today the market, which currently stands at over 100 billion rubles, will grow to 190-200 billion rubles, ”he said.
According to Khatuov, if the government decree on the rules for granting subsidies to agricultural machinery manufacturers remains in effect, the growth rate of agricultural production will be up to 10% per year, and the annual subsidy should be equal to 30 billion rubles. The lease sales market, according to his forecast, should grow from 40 billion rubles this year to 114 billion rubles in five years.
According to the Deputy Minister, the world experience suggests that the Russian market needs to develop leasing products and instruments. “The initiative of our colleagues - the Ministry of Industry - is fully supported by us, because during the same period the Ministry of Industry and Trade initiated a draft government decree approving the rules for granting subsidies from the federal budget aimed at stimulating demand for Russian industrial products,” he explained. Khatuov noted that 95% of agricultural machinery manufacturers supported the development of the leasing market. "Subsidizing the advance payment of up to 15%, which is offered by this decree, of leasing companies, and in fact it is a discount to purchasers, farmers, to the price when the so-called balance primary payment in the leasing scheme decreases, allows us to ensure a very effective application of state support measures," he is sure ...
According to Khatuov, the transition from 2020 from direct subsidies to supporting the leasing mechanism for buyers of Russian agricultural machinery allows you to instantly save 6,4 million rubles, that is, funds are released that the peasants could send to another list of agricultural products.
In turn, Deputy Minister of Industry and Trade Alexander Morozov said that the total production of agricultural machinery in recent years has reached double digits and the Ministry of Industry and Trade expects that this year the total production will grow by 15%. “Our export [of agricultural machinery] is also growing at double digits. If last year showed an increase of more than 40% of agricultural machinery production, this year we do not fall below 15%, ”he said.
A source: https://tass.ru/