Flour-grinding and bakery enterprises of Tatarstan will receive over 114 million rubles of subsidies from the federal budget
In accordance with the instructions of the Government of the Russian Federation, the Ministry of Agriculture of Russia concluded an agreement with Tatarstan aimed at providing subsidies to flour-grinding and bakery enterprises. The mechanism assumes compensation to flour producers for part of the costs of purchasing milling wheat, and to bakery enterprises - for the sale of bread and bakery products.
According to the Ministry of Agriculture and Food of the Republic of Tatarstan, Tatarstan will receive 65.9 million rubles to compensate flour producers for part of the cost of purchasing food wheat, and bakeries - 48.3 million rubles. The selection of applications for subsidies will be announced shortly.
The measure taken by the Government is aimed at maintaining the profitability of enterprises in the industry and maintaining a stable level of prices for flour and bakery products for the population.