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The Ministry of Agriculture of Russia to Provide About RUR40 Million to Finance Kaluga Region Rural Areas’ Development

Dmitry Medvedev, Chairman of the Government of the Russian Federation, signed a resolution prepared by the Ministry of Agriculture of Russia aimed at development of rural areas. In 2015 the federal budget will allocate RUR  38.921 million to subsidize Kaluga Region.

The funds are provided to Russian regions under the Federal Target Program for Sustainable Development of Rural Areas for 2014-2017 and till 2020. The funds will be used to co-finance expenditure commitments in three fields: improvement  of housing conditions of rural areas’ residents, including young families and specialists, integrated development of social and engineering infrastructure as well as grants to support initiatives of rural areas’.

Alexander Tkachev, the Minister of Agriculture of the Russian Federation, said: “The program for sustainable development of rural areas is to level out the differences between rural and urban areas.  About 40 million people live in the rural areas. That’s why we should create relevant preconditions to make all types of businesses operating there profitable and cost-efficient. We should also create opportunities for residents of rural areas so that they could stay there, build their homes and shape their future”. 

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