Georgia extends business, agriculture support programmes
Starting with the 2020 autumn grape harvest, companies which collect grapes will be able to benefit from preferential agro-credit. Photo: National Wine Agency of Georgia.
Tweet 
Share
The Ministry of Agriculture has extended support programmes for business and agriculture, and offers grapes, hazelnuts and tea producers an effective support package, said Georgian Prime Minister Giorgi Gakharia earlier today.
Starting with the 2020 autumn grape harvest, companies which collect grapes will be able to benefit from preferential agro-credit.
Also, beneficiaries will no longer be obliged to produce a defined amount of grapes in case they receive credit for producing wine and alcoholic beverages.
The limit of the preferential agro-credit for ‘funding the food industry’ has increased from 5 mln GEL ($1.64 mln/€1.45 mln) to 10 mln GEL ($3.27 mln/€2.92 mln).
Moreover, agro leasing for the food industry has increased from 5 million GEL to 10 million GEL. Also, the interest rate of the leasing will be co-financed for 36 months instead of 24.
In addition, hazelnut and tea growers will have more support in receiving co-financed loans to promote hazelnuts and tea productions in the country.
Some changes will be implemented in the state programme ‘plant the future’ based on which setting up anti-hail and irrigation systems will be co-financed. The financial assistance will be provided for the establishment of new nursery farms and / or modernization / expansion of the existing nursery farms.
Back in May, the government presented its agricultural anti-crisis plan involving support for farmers through various state programmes amid the coronavirus crisis.
- Farmers to receive diesel cheaper than market price
- Government to grant 200 GEL per 1 ha land to farmers in assistance
- 42,000 farmers to be exempt from irrigation taxes in 2020
Then, Prime Minister Giorgi Gakharia said that Georgia needs to industrialise the agricultural sector and increase productivity.
Over 5,000 farmers have already benefited from the government’s agro-diesel programme said Agriculture Minister Levan Davitashvili, noting that farmers have received more than 2.7 million litres of diesel one lari cheaper than the market price.
Georgia needs industrialisation of agricultural sector and increased productivity, Prime Minister Giorgi Gakharia said earlier today at a presentation of the government’s agricultural anti-crisis plan.
Farmers which have agricultural registered land from 0.25 to 100 hectares will receive 150 liters of diesel per each hectare 1 GEL cheaper than the market price, said Georgian Prime Minister Giorgi Gakharia earlier today.
Since April 2013, 318 million GEL of Preferential Agro-Credit was issued to 14 100 beneficiaries, with the Government covering the interest costs.
The government of Georgia will subsidise the 2020 grape harvest, especially grape varieties of Rkatsiteli and Kakhuri Mtsvane in order to support farmers completely sell their produce, announces Prime Minister of Georgia Giorgi Gakharia.
Farmers in Georgia whose seedlings are damaged or destroyed due to natural disasters will receive new, higher quality young plants as part of a new programme of 'Plant the Future', Georgian Prime Minister Giorgi Gakharia announced at today's government meeting.
The grape harvest season is picking up steam in the Georgian winemaking region of Kakheti, where 200 tonnes of grapes have already been processed as of August 26, announces the Georgian National Wine Agency.
About 11,000 tonnes of grapes of various varieties have been processed in the Kakheti region, east Georgia, as of September 8.
Over 700 Georgian farmers participated in training programmes last year organised by the Food and Agriculture Organization (FAO) with the support of the European Union (EU), under the ENPARD programme.
The government of Georgia and the private sector of the country will invest about 7 billion GEL over the next nine years as part of a new programme 'Environmental Protection and Rural Development 2030'.
The Georgian government will subsidise the 2021 grape harvest due to an excess grape yield this season and the post-pandemic situation in order to financially support farmers, announced Prime Minister Irakli Garibashvili earlier today. Garibashvili stated that the price of one kilo of the Rkatsiteli wine variety will not be less than 90 tetri, noting that ‘companies will receive an additional 35 tetri from the state.’
The Rural Development Agency of Georgia’s Ministry of Agriculture will co-finance interest of loans taken out by farmers to grow single-year crops, the Government announced on Monday following the weekly meeting led by Prime Minister Irakli Garibashvili.