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Wufei Impact: The Agricultural Committee adds 2 billion yuan to the rescue, organizes the national rice team to compete for export, and the grain self-sufficiency rate is estimated to rise by 40%.

Published: 2024-11-06 Author: mysheen
Last Updated: 2024/11/06, Wufei Impact: The Agricultural Committee adds 2 billion yuan to the rescue, organizes the national rice team to compete for export, and the grain self-sufficiency rate is estimated to rise by 40%.

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In response to the delay of the COVID-19 (Wuhan pneumonia) epidemic, in addition to the first phase of the 5.4 billion rescue budget, the Council of Agriculture yesterday (6) announced an additional 2 billion yuan in relief and revitalization measures to take stock of important agriculture, fisheries and livestock industries. Chairman Chen Jizhong announced that miscellaneous grains, animal husbandry and young farmers were included in the rescue scope, and the flower industry was listed as a key relief industry due to the impact of the epidemic in the export markets of Europe, the United States and Japan.

In view of the fluctuations in the world grain market concerned by the outside world, Chen Jizhong, in view of China's adequate rice supply, will consider exporting rice to the international market on the premise of sufficient grain storage, which will help to stabilize rice prices. For the rest of the miscellaneous grains, Taiwan's soybeans and corn are mainly imported from the United States and Brazil, and the supply is still abundant. Wheat is partly due to the export quotas adopted by Eastern European exporting countries, and the Agriculture and Food Administration has prepared a plan for subsidy operators to replace part of the flour with milled rice flour to produce rice noodles, rice cakes and other alternative products.

The trend of the international grain market, with the exception of rice, the rest of the miscellaneous grains fell. According to the briefing information of the Council of Agriculture, according to the relief financing for agriculture and fisheries, the scope of application has been expanded, and the revenue has been reduced by 50%. All can apply.

Chairman Chen Jizhong said that, together with NT $5.4 billion in the first phase, the Government had approved a bail-out of NT $7.4 billion to the agriculture and fisheries industry. The agriculture and fisheries industries with operational difficulties can offer relief financing assistance, using preferential interest rates and one-year interest subsidies as relief, and at the same time expand the scope of application to include miscellaneous grains, animal husbandry and young farmers.

At present, the total amount of relief loans for agriculture and fisheries is 2.6 billion yuan, of which 462 have been applied and 218 have been approved, with a subsidy of 1.2 billion yuan. In addition, agricultural loans coordinate financial institutions to cut interest rates by one yard, benefiting 170000 of borrowers and reducing interest by 210 million yuan.

In order to ensure employment security, the industry can apply to the government for relief if its revenue is reduced by 50%. Among them, employees who belong to labor insurance can apply to the Ministry of Labor, and agricultural insurance and other parts can apply to the Council of Agriculture for three months' salary subsidy.

Agricultural relief 2.0 comparison of financial relief

 
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