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Buryatia to get more 900 million for small business development in rural areas - EastRussia | Far East

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Buryatia will receive more 900 million for the development of small businesses in rural areas

In the next five years, Buryatia will receive 937,24 million rubles from the federal budget. The republic will allocate money for the development of small business in rural areas.

Funding to the region will be allocated within the framework of the national project “The system of development of farming and rural cooperation”. According to the press service of the government of Buryatia, state support will receive farms, agricultural cooperatives, as well as centers of competence in the field of agricultural cooperation and support to farmers.

According to employees of the republican Ministry of Agriculture, such support will increase the attractiveness of cooperatives. They, in turn, will help rural businessmen to reduce production costs and quickly adapt to the needs of retail chains in terms of product supplies.

Now 85 agricultural cooperatives are registered in the republic, of which only 57 operate. Their members are 2,7 thousand owners of personal subsidiary and peasant farms.