Agrarian law. Financing of agro-industrial production (most important)

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Agrarian law. Financing of agro-industrial production (most important)

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51. Financing of agro-industrial production

The State implements financing of agro-industrial production at the expense of the federal budget, the budgets of the constituent entities of the Russian Federation and extra-budgetary sources. Federal budget funds allocated to support and develop agro-industrial production are used for:

1) support for investment activities, including the acquisition of new machinery and equipment, varietal seeds and breeding animals, in accordance with federal targeted programs;

2) increasing soil fertility, carrying out land reclamation measures, maintaining state land reclamation systems, carrying out work to combat pests and diseases of agricultural crops, preventing and eliminating quarantine and especially dangerous infectious diseases of animals, as well as conducting scientific research and environmental protection measures;

3) lending and insurance in the field of agro-industrial production;

4) compensation of part of the costs for the acquisition of material resources and energy carriers, subsidies to support livestock breeding, elite seed production and the production of hybrid seeds of agricultural crops;

5) development and support of the market for agricultural products, raw materials and food;

6) organization of professional training, advanced training and retraining of personnel in the field of agro-industrial production;

7) other types of subsidies and compensations; specific areas and amounts of funding for them are established by the Government of the Russian Federation. Financing the development of agro-industrial production is allowed at the expense of local budgets and funds from other sources, if this does not contradict the legislation of the Russian Federation. When forming the federal budget, the Government of the Russian Federation annually sends information to the State Duma of the Federal Assembly of the Russian Federation on the state of affairs in agro-industrial production, which contains:

1) indicators of production of the main types of agricultural products, raw materials and food for the past year and an assessment of the prospects for the development of agro-industrial production for the next year;

2) balances of production and consumption of the main types of agricultural products, raw materials and food;

3) analysis of the dynamics of prices for agricultural products, raw materials and food, prices and tariffs for material and technical resources and services for the village;

4) data on the level of income of agricultural organizations and peasant (farm) holdings;

5) a report on the implementation of federal targeted programs for the past year.

Author: Zavrazhnykh M.L.

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