Authorities of the Altai Krai in Russia to support large farms
22 October 2019
Authorities of the Russian Altai Krai expressed the intention to financially support local large agricultural producers due to the new federal regulations which cancel the area-related subsidies for large farms with more than 100 employees. Such subsidies provide fixed amount of aid per hectare. As the new rules come into force in January 2020, the Altai Krai authorities plan to allocate a budget for the implementation of the support program in the next year. At the same time, agricultural enterprises employing less than 100 persons will continue receiving area-related subsidies from the government Russia-wide.