Farmers purchase over $13 mln in agricultural goods within state programme
Launched on May 10 with the initiative of Prime Minister Irakli Garibashvili, the programme enables owners and co-owners of land plots between 0.25-1.25 hectares to receive a ₾300 (about $111) subsidy per hectare. Photo: Nino Alavidze/Agenda.ge.
Tweet 
Share
Farmers throughout Georgia have purchased goods worth ₾35,752,914 (about $13 mln) since May within the state programme for agriculture, the Georgian Ministry of Agriculture and Environmental Protection said on Thursday.
Launched on May 10 with the initiative of Prime Minister Irakli Garibashvili, the programme enables owners and co-owners of land plots between 0.25-1.25 hectares to receive a ₾300 (about $111) subsidy per hectare.
The ministry also said over 500 stores were being involved in the programme throughout the country, with farmers offered to cash out “agro points” and purchase goods until November 30.
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.
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.
The Georgian Government has increased the amount of funding allocated to the new Agricultural Insurance project as an attempt to strengthen the country’s agricultural sector.
