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IN 2017, AGRO-INDUSTRIAL COMPLEX OF MORDOVIA PRODUCED AGRICULTURAL GOODS FOR 61.1 BILLION RUBLES

By the end of 2017, the agro-industrial companies of Mordovia produced goods for a total amount of 61.1 billion rubles.

Head of the Republic of Mordovia Vladimir Volkov mentioned it during his meeting with Minister of Agriculture of Russia Dmitriy Patrushev.

Speaking about the regional agricultural programs, Head of the republic announced that in 2017 the agrarians of Mordovia were given loans in the amount of 14 billion rubles at the rate of less than 5% per annum. Vladimir Volkov thanked the Minister of agriculture of Russia for the support of investment projects in the region. Now in Mordovia there are 195 agricultural projects receiving state support for the total amount of 16 billion rubles.

Dmitry Patrushev noted the success of the republic in the development of agriculture. He said that by July 10, 2018 the Ministry of Agriculture of Russia had already approved the applications of the agrarians of Mordovia for preferential loans totaling over 5.7 billion rubles. The funds will support further development of agriculture of Mordovia as well as production growth.