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170 bln roubles to be allocated for agriculture—Putin

October 21, 2011, 14:45 UTC+3
“The agricultural producers saved in this way 17 billion roubles this year, which gave a very good effect”
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MOSCOW, October 21 (Itar-Tass) —A total of 170 billion roubles will be allocated for the support of the agricultural sector, Prime Minister Vladimir Putin said on Friday during a video conference with regional electoral teams of the United Russia Party. “We shall keep about all the spheres of support, including mineral fertilizers, subsidies for interest rates, leasing and the getting of fuel and lubricants at reduced prices,” Putin said.

President Dmitry Medvedev also assured the agricultural producers that “the implementation of the programme on fuel and lubricants will be continued, so that the farmers will feel confident of the morrow. This stand is absolutely clear. According to Putin, this year the quota for fuel and lubricants, to be sold at reduced prices, was 2.5 million tons, and 2.4 million tons were purchased. “The agricultural producers saved in this way 17 billion roubles this year, which gave a very good effect,” Putin said.

During the video conference with the Stavropol Territory Medvedev asked Viktor Orlov, head of the Rodina farm, who is on the top of the United Russia regional electoral list, whether agricultural producers were satisfied with the interest rates for crediting and leasing. “The interest rate of 10 per cent is good for us,” Orlov said. According to his information, now the agricultural producers can get credits on the security of the coming harvest.

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