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Central funds to subsidize Baotou agriculture

Updated: 2024-04-17

Amidst the crucial spring plowing season, the Baotou finance bureau has secured specialized agricultural funds and is fully committed to implementing more agricultural policies.

Of this funding, 222.84 million yuan ($30.79 million) will be used to protect arable land fertility by rotating crops, applying fertilizers and other measures; 27.82 million yuan will be used to subsidize individuals and businesses engaged in agricultural and pastoral production for the purchase of agricultural machinery; and 24.7 million yuan will be allocated to providing agricultural training services to farmers.

Furthermore, the city will allocate 236.45 million yuan for the construction of high-quality farmland, converting scattered plots into consolidated fields to improve agricultural production conditions.

It is worth noting that these funds will be directly deposited into the accounts of the farmers, businesses and related agricultural institutions, ensuring that funds are disbursed promptly and fully.