Almost a billion rubles in compensation will be paid to Russian farmers

926 million rubles were allocated by the Russian government to support farmers affected by weather in 2020.

Agricultural producers from nine regions of the Russian Federation will receive support.

«The funds will go to the Republic of Ingushetia, the Volgograd, Novosibirsk, Omsk and Saratov regions, as well as to the Altai, Zabaikalsky, Stavropol and Khabarovsk regions,» the press service of the Russian government said.

In all these regions, an emergency regime was introduced in 2020 due to natural disasters.

For example, droughts, floods, hail, lingering rains. Many producers missed a large part of the harvest, and some did not harvest anything at all.

Supporting such farmers so that they “stay afloat” and continue their activities in 2021 is the main goal of compensation.

At the same time, only those who previously entered into agricultural insurance contracts can count on them. All allocated funds will be distributed among farmers and households that have such agreements on hand.

Most importantly, receiving the compensation will enable farms to purchase seed and equipment to start the season in 2021.

Will all farmers be able to survive 2020?

Obviously not all.

In addition to the drought, this year had to pass a serious pandemic test.

As a rule, she did not interfere with sowing and reaping, but in the spring, farmers lost many sales channels: for example, city markets and fairs. As a result, serious problems arose with the sale of the collected products.

To combat this scourge, the government has also developed measures, but different. For example, farmers are allowed not to pay on preferential loans during the year.

In total for 2020, compensation to agricultural producers is planned at 34 billion rubles, as reported by the Deputy Minister of Agriculture of the Russian Federation Elena Fastova.

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This includes both compensatory and stimulating support.

According to the Deputy Minister, by the end of the summer, Russian farmers received at least 55% of the assistance that the state decided to allocate to them.

Therefore, there is reason to hope that the difficult 2020 will not turn into a decrease in the harvest next year.