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Azerbaijani farmers applying for subsidies to receive benefits related to fertilizers

Business Materials 10 March 2020 18:56 (UTC +04:00)
Azerbaijani farmers applying for subsidies to receive benefits related to fertilizers

BAKU, Azerbaijan, March 10

By Fidan Babayeva – Trend:

Only farmers who apply for subsidies will receive benefits for the purchase of fertilizers in Azerbaijan, Chairman of the Azerbaijani Agrarian Credit and Development Agency (AKIA) under the Azerbaijani Ministry of Agriculture Mirza Aliyev said.

Aliyev made the remark in Baku at the briefing dedicated to the instructions related to the issuance of subsidies, farm cards and sale of preferential fertilizers, Trend reports on March 10.

"When we called on farmers to register in the Electronic Agricultural Information System and report about sowing, we wanted them to do so exactly because of the innovations which currently are being discussed," the chairman added. “The farmers must have proper documents for making the application about sowing.”

"The founders of the cooperatives dealing with sowing on the lands belonging to other people must prepare documents confirming the legal status of the institution they have created, cooperatives must open a bank account for a legal entity, rather than for an individual," Aliyev said.

“To ensure payment through a farm card, all sellers of fertilizers must have POS terminals,” the chairman said. “Then the farmers will be able to receive subsidies through cashless payments.”

The new rules for subsidizing the production of agricultural products have entered into force since the beginning of this year. In accordance with these rules, agricultural subsidies will be issued to farmers through the electronic agricultural information system.

The new mechanism related to agricultural support measures serves to increase accountability, transparency, ensure the efficient use of budgetary funds, as well as simplify the process of farmers' appeals and the provision of farmers with subsidies.

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