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Government to allocate grants to regions with best socio-economic indicators

December 25, 2013, 15:43 UTC+3 MOSCOW
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MOSCOW, December 25. /ITAR-TASS/. Russian Prime Minister Dmitry Medvedev has given instructions to allocate more than five billion roubles in grants to 20 regions with the best socio-economic development indicators. The corresponding document is posted on Wednesday on the Russian government’s website.

The document says that “the grants are allocated in 2013 from the federal budget in the form of budget transfers to the executive authority bodies of the subjects of the Russian Federation to reward them for achieving the best performance indicators in 2012.”

The size of the grants varies from 243 million rubles (Magadan and Ryazan Oblasts) to 325 million rubles (Tatarstan Republic).

The assessment of efficiency was made by the Ministry of Regional Development by 12 indicators. They include the per capita volume of private investment, proportion of the total area of commissioned apartment houses, unemployment rate, life expectancy, mortality rate, assessment by the population of the activity of regional authorities and the percentage of graduates who failed to pass the Unified State Exam (USE), as well as other indicators.

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