Nearly 62 million manats in subsidies paid to farmers in Azerbaijan

The Agrarian Credit and Development Agency (ACDA) under the Ministry of Agriculture has paid 61.836 million manats in subsidies to 159,500 farmers for autumn sowing in 2021/2022, Report informs, citing the ministry.

Subsidies were transferred to the "Farmer's Card" of agricultural producers. According to the law, farmers can cash 25% of the funds transferred to the card through ATMs and 75% non-cash to buy fertilizers, pesticides, herbicides, seeds, and other agricultural products.

According to the decision of the Agrarian Subsidy Council, in the 2021/2022 season, farmers will be paid a subsidy of 210 manats per hectare of grain crops. The grants cover about 300,000 hectares of arable land.

The declaration of autumn sowing ended on December 30, and the first subsidies were also paid to farmers who declared their crops on time.