Oksana Lut: in 2020, the volume of concessional lending for the dairy industry will remain

Источник: The DairyNews
On October 8, Moscow hosted a meeting of Soyuzmoloko members, where Deputy Minister of agriculture of the Russian Federation Oksana Lut spoke, stressing the saving of concessional lending and "capex" in the dairy industry in 2020, reports The DairyNews.

The Deputy Minister reminded that from next year new rules will come into force, dividing state support into two main areas: compensating and stimulating subsidies. The compensating subsidies will be provided to all regions and is aimed at supporting the production of agricultural products, and the stimulating subsidies will be provided to the regions that have chosen priority areas of development.

- Volumes of concessional lending and compensation of capital expenditures in the dairy market will remain at the same level, which will contribute to the implementation of the five-year plan for milk production, - said Oksana Lut. According to the forecast of the Ministry, in 2020 milk production will amount to 31.6 million tons.

We will remind that according to the Russian Dairy Research Center, milk production in Russia amounted to 18.7 million tons in 2018.

Read more at © DairyNews.ru

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