Dagestan modernizes its agro-industrial complex through affordable leasing and government support
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A high-level meeting has been convened at the regional Ministry of Agriculture and Food to address the modernization of the region's agro-industrial complex through technological advancements.
The discussion centered on leveraging leasing mechanisms as a primary instrument for updating agricultural machinery. Notable attendees included Roman Nekrasov, Director of Crop Production at the Russian Ministry of Agriculture, Vasily Gritchin, Head of Rosagroleasing across the North Caucasian Federal District, Nariman Abdulmutalibov, Deputy Prime Minister of Dagestan and Zurab Kucchaev, Acting Minister of Agriculture and Food of Dagestan.
The meeting participants emphasized expanding access to modern agricultural machinery for Dagestani farmers through the federal leasing program offered by Rosagroleasing JSC. Nekrasov highlighted President Putin's strategic objectives of increasing agricultural production by at least 25% and exports by 1.5 times by 2030, emphasizing the necessity of technical modernization for achieving these goals. Abdulmutalibov stressed the importance of financial responsibility, urging farmers to adhere to payment schedules and tax obligations as crucial elements for business success.
Kuchchaev underscored the need to encourage broader participation in equipment upgrade programs through Rosagroleasing and Rosselkhoznadzor. Sharip Sharipov, First Deputy Minister, proposed exploring subsidies for a portion of equipment purchase costs from both republican and federal budgets, along with active pursuit of credit financing.
The meeting concluded with a commitment to developing effective mechanisms for expanding farmers' access to preferential agricultural machinery leasing. This will involve exploring budget subsidies for partial cost coverage, securing accessible credit through strengthened collaborations with Rosagroleasing and Dagagroleasing, and incentivizing the renewal of technical infrastructure through farmers' own investments.