Georgia ensures better access to agriculture equipment for farmers
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Farmers in Georgia will soon be able to have better access to agricultural equipment thanks to new amendments in the Preferential Agro Credit Project, approved at today’s government meeting.
The amendments introduced two new components: preferential agrocredit for agriculture mechanisation and preferential agro-leasing for agricultural mechanisation.
With the aid of these programs, farmers will be able to purchase agricultural equipment in more favourable conditions.
Our policy envisages increasing the capacities of the private sector, supporting farmers to make them more competitive. Easy access to agricultural equipment for farmers will help achieve this goal,” said Georgia’s Minister of Environment and Agriculture Levan Davitashvili.
Preferential agrocredit is determined from 7,000 GEL to 1,500,000 GEL.
A new European Union (EU) supported project worth €12 million will be launched in Georgia to help the country implement the agriculture development strategy for 2015-2020.
With the support of the European Union (EU), small farmers in Georgia are benefitting from economies of scale, cutting their production costs and increasing efficiency, finds the latest Annual Cooperative Survey.
The Farmers’ Council is a new body that has recently been created in Georgia in order to determine and eliminate problems faced by the agricultural sector in Georgian regions.
The European Union (EU) continues to contribute to the reduction of poverty in rural Georgia by supporting the improvement of community members’ employment and income opportunities.
The Government of Georgia is continuing to support agriculture activities and reduce risks facing local farmers by improving the agricultural insurance program. This year, 9 million GEL (about $3.77m/€3.07m*) has been allocated from the state budget for the agricultural insurance program.
Georgia is launching a new state program "Young Entrepreneur” to support young people implement entrepreneurial activities in various regions of Georgia.
Dr. David Kirvalidze has been nominated for the position of Director General of the Food and Agriculture Organization of the United Nations (FAO) for the period of 2019-2023 by Georgian Prime Minister Mamuka Bakhtadze.
Farmers in Georgia will soon have better access to agricultural equipment thanks to a new programme that the government of Georgia is launching.
Farmers will now be able to insure their perennial plants for up to three years and annual plants for one year with the help of a state agricultural insurance programme, says the Agriculture and Rural Development Agency.
In order to increase the availability of agricultural land, the farmers who rent land from the state will now be able to buy land they currently occupy at a 25% discount rate, announces Georgian Economy Minister Natia Turnava.