Russian Government allocated more than 28 million rubles for agribusiness industry construction and modernization in Bashkortostan

Galiya Nabieva

UFA, 31 January 2017. /Bashinform News Agency, Galiya Nabieva/. Bashkortostan will receive 28.633 million rubles of subsidies for construction and modernization of agribusiness complex facilities, according to the website of the Cabinet. Within the framework of the State program of agriculture development and regulation of agricultural products, raw materials and food markets for 2013-2020 the subsidies amounting to 10 654.7 million rubles are distributed among the budgets of 38 subjects of the Federation.

The funds should be directed to co-finance expenditure commitments relating to the reimbursement of the direct costs incurred while establishment and modernization of the agribusiness facilities, as well as for the purchase of machinery and equipment.

#agribusiness #subsidies

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