Financial support for low‑income Russians to start a business or develop personal farming
In the region, individuals whose income falls below the subsistence minimum may qualify for state assistance to pursue entrepreneurial activity. The program offers up to 350,000 rubles to help open a business and up to 200,000 rubles to support the development of personal secondary farming, administered through a social contract. This program was discussed by Alexey Tarasov, a leading lawyer with the European Legal Service, representing the Prime agency.
Tarasov noted that applicants can receive help beyond funding. The state also assists with market research for products and with creating business plans and forecasts, helping applicants map out potential demand, pricing, and growth trajectories.
To enter into a social contract, the application must include documentation that confirms financial hardship, in addition to signing the agreement itself. The process is designed to connect families in difficult financial situations with targeted support that improves their chances of sustainable income.
In related political developments, Anatoly Aksakov, chair of the Duma Committee on Financial Markets, indicated that a bill introducing deposits for low‑income citizens is moving through approval and will shortly be submitted to the State Duma for consideration.
Earlier, in the latter part of April, Deputy Prime Minister Tatyana Golikova spoke about job vacancies at several Russian medical organizations offering physician salaries below the minimum wage, signaling ongoing discussions about workforce compensation and social safeguards.