The Russian Ministry of Agriculture has begun selecting organizations to participate in the preferential leasing program

The Ministry of Agriculture of the Russian Federation on September 2 opened the acceptance of applications from leasing organizations to participate in a new preferential leasing program. The program was approved by Government Decree No. 1313 of August 7, 2021 and provides for the possibility of purchasing equipment and machinery for agribusiness enterprises at a discount upon payment of an advance payment of 25% or 45%.

The decision on the selection will be made by the commission no later than 7 working days from the date of the deadline for accepting applications. The procedure, requirements and the list of required documents are indicated in the announcement on the official website of the Ministry of Agriculture of Russia.

It should be reminded that leasing companies can become participants in the program, which will undertake obligations to purchase and lease high-tech equipment and machinery on preferential terms. Lost income will be reimbursed to leasing companies in the form of subsidies from the budget. The list of organizations whose applications have passed the selection will be posted on the single portal of the budget system of the Russian Federation and the website of the Ministry of Agriculture of Russia.

Farmers will be able to lease equipment on preferential terms 

The preferential leasing program can become very popular among manufacturers. “For dairy companies, this state support measure is very interesting and can complement Decree 137, which provides for the reimbursement of part of the capital costs for drying enterprises and dry whey producers. Currently, market participants are waiting for the publication of a list of equipment subject to preferential leasing: both companies that produce traditional whole-milk products, as well as producers of cheese, dry dairy products, etc., could take part in the program,” he told Agroexport. » General Director of the National Union of Milk Producers Artem Belov.