November 14, 2011


Russian milk producers given subsidies by government



Russia's Agriculture Ministry has offered to give RUB15 billion (US$490 million) per year in subsidies to domestic milk producers in the fall and winter periods starting from 2013.


The offer will gradually increase to RUB20 billion (US$660 million) by 2020, according to Agriculture Minister Yelena Skrynnik said Friday (Nov 11).


The proposal was submitted to the Economic Development Ministry, Skrynnik said.


Russia's milk output rose 2.5% over the past five years, she added without providing exact figures.

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