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Ministry of Agrarian Policy suggests renewing agricultural insurance State support in 2011
21.09.2010 11:23 "Agro Perspectiva" (Kyiv) —
Ministry of Agrarian Policy proposes to renew agricultural producers State budget subsidizing in 2011 in order to cheapen agricultural risks insurance with total subsidizing amount to reach UAH100 mn, reported Serghiy Melnyk (Minister of Agrarian Policy First Deputy) on Kyiv briefing this Tue.
«We propose to renew this practice within next year and, besides, to find some legitimate ways to additionally stimulate agricultural producers to insure their proper risks,» declared Melnyk.
Melnyk admitted first stages of agricultural insurance renewal/successful functioning would be possible only on condition of State support (in part., State budget subsidizing).
«We hope to receive at least UAH100 mn for this purpose,» added First Deputy Minister.
As earlier reported, within last few years no State budget subsidies targeted at insurance premiums cheapening had been allocated.
Reportedly, Ministry of Agrarian Policy had earlier proposed that 2011 draft State budget should stipulate UAH80 mn allocations for agricultural producers insurance premiums cheapening.
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