Novosibirsk region will receive about 670 million rubles in subsidies from the federal budget – RBC

Novosibirsk region will receive about 670 million rubles in subsidies from the federal budget – RBC

Photo: Global Look Press

The Russian Government has issued orders on the distribution in 2015, 35.7 billion rubles to support agriculture. According to the report, published on the website of the Russian government, the redistribution of budget allocations provided under the state program of agricultural development and regulation of agricultural markets, raw materials and food for 2013-2020.

The largest share of subsidies – about 18.8 billion rubles (including additional budget provision of $ 11.3 billion rubles) – aims to compensate part of the interest rate on short-term loans for the development of crop production. For these purposes, the Novosibirsk region provided a grant amounting to 219 million rubles.

On the compensation of the interest rate on investment loans for livestock development is directed from the federal budget to 9.2 billion rubles (including the additional budget allocation of $ 6.4 billion). Grant from the region amounted to 370 million rubles.

Even the order of 7.6 billion rubles (including the additional budget allocation of $ 1.6 billion) is directed to the recovery of the regions of interest on long-term, medium-term and short-term loans taken by small forms of management. The subsidy provided by the Novosibirsk region was 78 million rubles.