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Farmer Professional Cooperative Organizations Receive 2 Billion Yuan in Central Financial Support

Industry News By Sophie Bennett 0 views
The Ministry of Finance announced on the 29th that the central government has allocated 2 billion yuan in special funds to support the development of farmer professional cooperative organizations, aiming to accelerate the building of a new type of agricultural operation system and continuously raise the level of farmers' organization. According to the introduction, the funds adopt a

 

The Ministry of Finance announced on the 29th that the central government has allocated 2 billion yuan in special funds to support the development of farmer professional cooperative organizations, aiming to accelerate the building of a new type of agricultural operation system and continuously raise the level of farmers' organization.

According to the introduction, the funds adopt a management approach of “central guidance, local implementation”, with approval authority delegated to localities, which will vigorously support the development of farmer professional cooperative organizations in grain, agricultural machinery, aquaculture and other fields according to local conditions.

⟦NL> The reporter learned that of the 2 billion yuan, the central government has specially arranged 600 million yuan to continue supporting 12 provinces (municipalities directly under the Central Government), including Jiangsu and Chongqing, in carrying out pilot innovations in fiscal support for farmer cooperatives.

The Ministry of Finance stated that, in accordance with the requirements of optimizing structure and improving quality and efficiency, the pilot provinces (municipalities directly under the Central Government) may flexibly choose effective models such as strengthening cooperation with financial and social capital, building public service platforms, and government purchase of services, and promote and apply them on a larger scale, giving full play to the exemplary and driving role of the pilots. At the same time, further enrich the pilot content, actively support the development of various forms of appropriately scaled agricultural operations, make farmer cooperatives engaged in large-scale grain production a support priority, guide farmers to pool their contracted land as shares to establish land share cooperatives, and continuously explore effective forms for realizing rural collective operations.

The person in charge of the Agriculture Department of the Ministry of Finance emphasized that, next, the central government will continue to step up reform and innovation, strengthen follow-up guidance, rigorously supervise funds, and strive to build a long-term mechanism for fiscal support for the development of farmer professional cooperative organizations.

 

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