Putin instructed to prepare additional measures to support farmers in Russia

Innovation & Technology
Published Apr 23, 2024

Tridge summary

President Vladimir Putin has instructed the Russian Government to take decisive steps to bolster domestic agricultural producers. This comprehensive strategy includes enhancing financing for preferential investment lending, making loans more accessible, particularly in newly incorporated regions such as Crimea and parts of Ukraine. The plan also focuses on supporting small agricultural businesses, improving infrastructure, ensuring the availability of essential fuels, and promoting the use of domestic agricultural inputs like seeds and agrochemicals. Additionally, there is a push to increase the production of agricultural machinery and veterinary drugs. The government is expected to report on the progress of these initiatives according to set deadlines throughout the year.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

President Vladimir Putin instructed the Government to develop a set of additional measures to support domestic agricultural producers. This is stated in the list of instructions published on the Kremlin website. First of all, it is necessary to consider increasing financing for preferential investment lending, as well as improving the availability of loans. This is especially true for new regions. Let us remember that these include Crimea, the Donetsk and Lugansk republics, as well as the recently joined separate territories of the Zaporozhye and Kherson regions. For example, for the latter two, this will facilitate integration into Russian agriculture and stabilize the situation, which has worsened due to geopolitical problems. A report on these issues must be submitted by October of this year, and then once a year. The Government is also obliged to study the issue of expanding support for small businesses, building facilities for processing and storing agricultural products and ...
Source: Rosng
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