The share of subsidies on preferential short-term lending of small farms in each subject of the Russian Federation will be determined in accordance with the proposals of the authorized body of the region.

In addition, the detailed procedure for the calculation of total amount of subsidy for preferential short-term credits based on the amount of acreage, the number of General of the livestock and value of agricultural products produced in the region.

According to a new document to the concept of a small form of management include not only peasant (farmer) farms and agricultural consumer cooperatives, but also business companies, business partnerships and individual entrepreneurs engaged in the production and processing of agricultural products and production cooperatives engaged in procurement of agricultural raw material whose annual income for the reporting financial year is not more than 120 million rubles.

On proposal of the authorized banks, borrowers, and industry unions and associations according to the new edition of the Rules of preferential loan, the borrower granted the right for received after July 1, 2017 with an authorized Bank at a commercial rate short-term loan move to the reduced rate and the possibility of refinancing from 1 January 2018 previously signed preferential investment credit.

In order to provide borrowers the widest possible choice of the authorized Bank to obtain a concessional loan to the Ministry of agriculture has revised the criteria for the selection of authorized banks. In accordance with the new criteria right to participate in the mechanism of preferential crediting will have more than a hundred banks (including about 30 regional), accounting for more than 95% of the outstanding debt for agriculture.