Abstract

The article considers the volume of budget allocations, results and effectiveness of state support. Its size increased 2.1 times in 2013-2022, which contributed to a 2.6-fold increase in agricultural production, including 3.2 times in agricultural organizations and farms. Labor productivity in agriculture increased by 12.2%, value added in agriculture increased by 71.5%, wages – by 63.2%. Agricultural exports have increased sharply and imports of agricultural products and food have decreased, food security indicators for most food products have been achieved. The effectiveness of state support has increased: for 2013-2022, production per 1 RUB allocations increased by 19.4%, including in agricultural organizations and farms – by 50.0%, the share of profitable organizations increased by 9.1 percentage points, the level of profitability of agricultural organizations, taking into account subsidies, increased by 11.0 percentage points, excluding subsidies – by 18.0 percentage points. However, the production of some types of agricultural products is unprofitable. To increase the profitability of production, it is necessary to improve the mechanism of state support for agricultural industries.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.