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There came into force amendments to the distribution of means of the National Fund for the Development of Agriculture and Rural Areas.

There came into force amendments to the distribution of means of the National Fund for the Development of Agriculture and Rural Areas.

The relevant government decree, adopted on April 24, was published in the Monitorul Oficial and entered into force on May 3. The changes undertaken are aimed at supporting the rapidly developing branches of gardening and winemaking so that young entrepreneurs who come from abroad can invest in planting perennial vineyards and orchards. In addition, amendments were proposed to comply with EU hygiene requirements and product safety. In particular, the document provides for an increase from 3 million to 5 million lei in the amount of aid that can be provided to an agricultural producer within 1 year of subsidization. The previous edition of the document stipulated that the amount of financial assistance to one agricultural producer during 1 year of subsidization, in the aggregate for all support measures, should not exceed 3 million lei, and for groups of producers - 4.5 million lei. At the same time, according to the changes, the amount of financial assistance to an agricultural producer within 1 year of subsidies, in the aggregate of all support measures should not exceed 5 million lei per recipient, and for producer groups the amount of financial support increases by 50% of the approved authorized subsidy amount. According to the changes, investments in the development of the livestock sector will also be encouraged for a quantitative and qualitative increase in the volume of milk produced in Moldova and for obtaining the right to export meat, chicken eggs and poultry products to the European Union. Subsidies will be provided to bookmark the aromatic, medicinal and aromatic oil plantations. For example, for essential oil roses the amount of subsidies will be 6 thousand lei / ha, lavender, lemon balm, spicy basil, menthol mint - 10 thousand lei / ha, calendula - 2 thousand lei / ha. Increased subsidies are provided in the case of the formation of plantations of vineyards, fruit and nut orchards, garden and berry bushes, aromatic, medicinal and essential oil crops. To stimulate the risk insurance mechanism in agriculture, was diversified the maximum limit, which was previously limited to 400 thousand lei. The new size of the subsidy in the case of insurance was established depending on the culture and area and can reach 1.5 million lei. When investing in primary processing, packaging, cooling, freezing and storing meat, processing, packaging and storing milk, as well as analyzing bee honey, it will be possible to get a subsidy of up to 5 million lei (so far up to 2 million lei).// 07.05.2019 - InfoMarket.

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