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ABOUT NEW RULES OF PREFERENTIAL CREDITING RUSSIAN AGRO-INDUSTRIAL COMPLEX ORGANIZATIONS

Annotation

The legislative process in the Russian Federation provides for a public discussion of draft legislative acts of the various levels and branches of government. In this article, the author attempts to analyze the Russian Ministry of Agriculture prepared a draft Resolution of the Russian Government, which regulates a new procedure for concessional lending to business entities of agro-industrial complex of Russia. Necessity to change the existing order of reimbursement of the cost of interest on investment loans to organizations of agro-industrial complex, which conditioned by the low level of budget implementation on the activities of the State program of agricultural development and regulation of agricultural products, raw materials and food for 2013-2020. The article shows the fundamental differences and describes a mechanism that allows you to completely change the existing order of preferential crediting of AIC. The author emphasizes that according to the project Decree of the Russian Federation will happen redistribution of responsibility for the effective use of the federal budget in the direction of the authorized banks which will lend to agricultural enterprises at preferential rates, and receive subsidies from the federal budget to compensate for the lost revenue. Ministry of Agriculture of Russia will be able to more quickly and full use of allocated limit of budgetary obligations As a result of the considered order. It was shown that the new rules will affect the change in the role of the Russian Federation to the procedure for the selection and supporting of investment projects carried out in their territory. It was shown that the new rules will affect the change in the role of the Russian Federation to the procedure for the selection and supporting of investment projects carried out in their territory.

Keywords

Russian Ministry of Agriculture; the Chamber of the Russian Federation; preferential loans; authorized bank; investment credits; subsidies; the limit of budgetary obligations

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Pages

60-64

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