ANNOUNCEMENT 15 May 2013
On 15 May 2013, the Russian Government expanded the list of agricultural machinery eligible for subsidisation and increased the amount of subsidies.
NUMBER OF INTERVENTIONS
Government of the Russian Federation. 2013. Decree dated May 15, 2013 N 415 "О внесении изменений в Правила предоставления субсидий производителям сельскохозяйственной техники" ("On Amendments to the Rules for Granting Subsidies to Manufacturers of Agricultural Machinery"), http://gov.garant.ru/document?id=70279368&byPara=1
On 15 May 2013, the Russian Government amended the 2012 Regulation on Discount-Conditional Subsidies to Producers of Agricultural Machinery (Decree 1432 dated 27-12-2012). The list of agricultural machinery eligible for subsidisation has been expanded, with appropriate per-unit subsidisation limits, to include:
Also, the limits of subsidisation per company have been amended. The companies are now grouped into 5 rather than 4 categories based on workforce. The new system benefits very large companies (workforce over 2000): a single such company can now claim up to 45% of the total program budget (previous limit - 25%). Small companies (up to 200 employees) used to be eligible to claim up to 5% of the total budget. Under the new rules, companies with up to 100 employees can only claim up to 1.25% of the overall budget.
The subsidy is part of the State Program on Development of Agriculture and Regulation of Markets for Agricultural Products, Raw Materials and Food, sub-program on Technical and Technological Modernization and Innovative Development.