OREANDA-NEWS. September 04, 2012. According to the Ministry of Agriculture and Food Industry, this deadline is valid for growers having made investments in the period from November, 1, 2011 and October, 31, 2012. A decision on their applications will be made after November, 1.

If a total sum of asked- for subsidies registered till October, 31 exceeds a total sum of money in the Subsidy Fund, the applications will be met by applying a coefficient depending on a ration of the balance of the Fund to a total sum required by applicants.

These changes have been introduced to ensure reasonable spending of the Subsidy Fund and observe the principle of justice and equality. IN the state budget for 2012 agricultural subsidies have been assigned for 400 mln. leis.

 It has been filed 3060 document suits of which 319 have been approved and a sum received made up 291 mln. leis.