The Russian government is expanding support for farmers affected by conflicts and infrastructure disruptions, as confirmed by a resolution signed by Prime Minister Mikhail Mishustin. The move signals new levels of assistance aimed at stabilizing agricultural activity amid ongoing challenges.
Effective from January 1, 2024, the calculation of subsidies will incorporate a higher coefficient for eligible producers, resulting in larger state allocations. The exact subsidy amounts will be governed by regional regulations across the Russian Federation, reflecting local conditions and needs.
The policy makes it clear that small and medium-sized enterprises, self-employed farmers, and private farm operators are eligible for support. Public funds will fund agricultural technology projects and the cultivation of vegetables in both open fields and protected environments such as greenhouses.
Regions including Crimea and the Far East are set to receive increased coefficients in the distribution of funds, ensuring greater emphasis on areas facing distinctive agricultural demands.
Towards the end of October, it was noted that the country anticipates a second record harvest. The goal remains to satisfy domestic consumption while maintaining a robust stance in international markets.
Earlier discussions referenced potential damage estimates related to agricultural assets following the destruction of key energy infrastructure, underscoring the need for continued support and resilience in the farming sector.