Producers of the primary sector in our country will be supported with three new measures, as announced by the Minister of Rural Development and Food, George Georgantas, during the announcement of the government’s support measures against accuracy. “The government will be on the side of all the farmers who produce,” said the Minister of Rural Development and Food.
The first, according to the competent minister, concerns the fuel card, the direct subsidy of diesel for the months, April, May and June. It concerns individuals and freelancers with a family income of up to 30,000 euros.
The subsidy concerns the purchase of 60 liters of fuel per month with the price being reduced by 0.22 euros per liter, while for the island areas it will be 0.27 euros per liter.
Secondly, the subsidy was announced at the price of the sale of oil that will take place at the source (pump) for the month of April. The measure applies to all farmers who use diesel.
As it was clarified, the state budget subsidizes the selling price of diesel for April, which is consumed in the internal market. The subsidy is 12 cents per liter at the source, so that the benefit to the final price (including VAT) is 15 cents per liter. In this way, the final selling price of diesel is expected to decrease, based on current prices, from 2 to 1.85 euros per liter. The control of the price especially of the diesel is considered necessary for the restraint of the prices in the supply chain. The cost is estimated at around 23m euros for April.
In addition, a zero rate of Excise Tax per kiloliter was announced for diesel fuel used exclusively in agriculture and by an agricultural machine. This measure covers the period from 1 January to 31 December of the current year.
The minister also announced the introduction of VAT on fertilizers at 6% from the current 13%.
Mr. Georgantas referred to the support measures, with a total budget of 200 million euros, that have been taken by the government for the primary sector and for the restraint of food prices.
Among the measures announced were the following:
– Permanent reduction of feed VAT from 13% to 6%, from October 1, 2021. Cost 15 million euros per year.
– Coverage of 80% of the adjustment clause in the electricity tariffs for agricultural use for the period from August to December 2021. Cost 50 million euros for 2022.
– The Transport Equivalent is part of the transport of animal feed in Crete for the year 2022, at a cost of 8 million euros.
– 50% increase in the program of the small Aegean islands for the transport of feed, at a cost of 3.5 million euros.
Finally, Mr. Georgantas left open the possibility of taking new measures, as by the end of the month the “toolbox” on the part of the European Union will be announced.
Source: Capital
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