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More than 300 million rubles to be allocated for grants to farmers in Dagestan

12 June 2018 23:50 Posted in:  BUSINESS
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Makhachkala, June 12, 2018. The Ministry of Agriculture and Food of the republic intends to allocate more than 300 million rubles for grant forms of state support in 2018. As to the press service of the ministry, 126.8 million rubles will be allocated to support start-up farmers, and more than 180 rubles will be allocated for the development of family livestock farms.

According to the Ministry official, in 2017, 46 beginning farmers received grant support as well as 17 holders of family livestock farms.

As usual, the beginning farmers and individual entrepreneurs engaged in agricultural production face a number of serious problems, including those related to the lack of initial capital.

Besides, the new farms require considerable expenditures for the design of facilities, the engineering networks and the construction of roads to the production and storage facilities.

"The above-mentioned issues need to be solved first to let the start-ups be competitive on the market. Otherwise, the most part of them will have to stop their activities in the first two years of their activity. In this regard, the grant support will provide good support to the beginning farmers" - the Ministry officers believes.

It should be noted that the main requirement for the farm to obtain grant is the registration of the enterprise for no more than two years.



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