The Government approved the regulations concerning the distribution of the agriculture subsidization fund for 2015. Minister of Agriculture and Food Industry Ion Sula said that after the overdue subsidies of 230 million lei, for investments made by the agricultural producers in 2014, are paid, the remaining 380 million lei will be disbursed for implementing the 11 subsidization measures stipulated in the 2015 state budget law, IPN reports.
Emphasis will be placed on small and medium-sized agricultural producers. That’s why there was set a ceiling of 2.5 million lei from which one producer can benefit, based on all the subsidization measures. If they form associations, the agricultural producers will get subsidies of up to 4 million lei.
The regulations stipulate ceilings for each subsidization measure. For example, the ceiling for stimulating borrowing from banks will be 100,000 lei, that for stimulating risks in agriculture – 300,000 lei, while that for stimulating the purchase of agricultural machinery – 200,000 lei.
The agriculture subsidization fund for 2015 is 610 million lei. The associations of agricultural producers demand that this fund should be twice larger.
