BAKU, Azerbaijan, October 9
By Tamilla Mammadova – Trend:
Subsidies have been already given to 165,000 farmers within the frame of the Land Owners Stimulation Program as of October 9 in Georgia, Trend reports via the Ministry of Environment Protection and Agriculture.
The amount of the given subsidy exceeds 28.9 million lari ($0.01 million).
However, over 122,000 beneficiaries received discount cards on 32,000 tons of agro-diesel under the agro-diesel program. Farmers, who have already cashed in discount cards, have saved over 4.3 million lari ($1.3 million) in total.
As of September 30, more than 17,000 policies have been issued and a land area of 18,000 hectares has been insured under the agro-insurance program, which is 32 percent more comparing to the same period of the last year. The value of the insured crop exceeds 160 million lari ($49.8 million).
Moreover, 255 applications on the modernization of the dairy sector were approved from Imereti, Kakheti, Samegrelo, and Zemo Svaneti, Samtskhe-Javakheti, and Kvemo Kartli regions within the framework of the state program. The state co-financing amounted to 12.4 million lari ($3.8 million).
With the preferential agro-credit program, the state fully covers a 6-month interest rate to finance the current costs of growing annual crops. It worth to mention, that 2215 agro-loans have been issued, the total amount of the loan exceeds 40 million lari ($12.7 million), including the co-financing of interest by the agency, exceeds 3.3 million lari ($1.02 million).
Meanwhile, 387 beneficiaries are involved in the agricultural support program, including 50 percent of agricultural machinery cost has been funded to 252 beneficiaries, and applications of 135 beneficiaries for the Procurement and installation of irrigation systems for annual crops have been approved.
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