About 123 million rubles will be allocated to the Nizhny Novgorod region from the federal budget to support investors in the agro-industrial complex (AIC).
According to the press service of the governor and the government of the Nizhny Novgorod region, the federal government of the Russian Federation will allocate about 123 million rubles to the Nizhny Novgorod region to support investors in the agricultural sector.
According to information, by order of the Government of the Russian Federation “On State Support of Investment Activities in the Agro-Industrial Complex” dated October 8, 77 subjects will be allocated 26,5 billion rubles, which can be used to reimburse part of the cost of paying interest on investment loans (loans) to the agro-industrial complex .
In particular, the costs of agricultural producers related to the construction, modernization and reconstruction of new and existing production facilities, the acquisition of machinery and equipment for investment loans received before December 31, 2016 will be reimbursed.
The amount of subsidies for the Nizhny Novgorod region is 122,979 million rubles. “Helping regional farmers is extremely important. Earlier, we managed to agree with the Russian Ministry of Agriculture on the allocation of more than 100 million rubles (80 million rubles from the federal budget) to compensate fuel costs of Nizhny Novgorod farms, ”said Gleb Nikitin, Governor of the Nizhny Novgorod Region, commenting on such a decision.
It is noted that the governor expressed confidence that work aimed at supporting agricultural producers will be continued at all levels.
A source: https://www.nta-nn.ru/