ANNOUNCEMENT 14 Feb 2012

In February 2012, the government of Russia announced a program to co-finance insurance payments to crop and cattle/poultry producers. 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Government Decree from 14 February 2012 NO.179-p

Inception date: 14 Feb 2012 | Removal date: 13 Feb 2013

Production subsidy

By the Government Decree from 14 February 2012 NO.179-p Russia introduces subsidies for the agricultural producers to compensate half of their spending on crop and cattle insurance. The subsidies are distributed among the regions of Russia. The total amount of subsidies under this programme for 2012 is 6 billion rubles (USD 200 million).