In 2024, the government will allocate 8 billion rubles to support farmers

In 2024, the government will allocate 8 billion rubles to support farmers
Photo is illustrative in nature. From open sources.

“Each region will independently determine priority areas of activity to reimburse part of the costs to agricultural consumer cooperatives,” Mishustin noted. He also clarified that the purchase of berries from private farms has been added to the list of priority areas of activity. Mishustin said that for those who work in Siberia, agricultural machinery will become more accessible, compensation for its cost has been increased from 50% to 60%, but the total volume of such payments should not exceed 10 million rubles.

In addition, now the number of agricultural consumer cooperatives will include consumer societies in which at least 70% of their revenue is generated through the procurement, storage, processing and marketing of agricultural products. This decision will expand the number of enterprises receiving government support. 

Mishustin expressed hope that thanks to the measures taken, even more people will be able to start their own businesses, and Russians will be provided with high-quality domestic food products. The Prime Minister recalled the words of President Vladimir Putin that “Russian agricultural production is demonstrating high growth rates and strengthening its position.” “It is very important to maintain this momentum, providing farmers with stable work and stable cooperative ties,” the Prime Minister emphasized.

In December, during a press conference, Putin noted that farms play a significant role in ensuring a diverse range of agricultural products on the domestic market. They produce about 15% of total agricultural products; according to the president, 40% of government aid to support agriculture is directed to support farms. He also noted that small livestock enterprises are provided with comprehensive assistance within the framework of various programs, and assured that this work will continue.

In September, First Deputy Minister of Agriculture of Russia Oksana Lut reported that the amount of state support for farmers in Russia in 2024 could be increased. Lut also emphasized that the government plans to maintain all existing measures to support farmers, including grants, subsidies for farmers and rural cooperation, preferential lending and other direct support measures.

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