The amount of funds allocated under the program of support of agricultural machinery, in 2017 will amount to 13.7 billion rubles, said Minister of industry and trade of Russia Denis Manturov on the sidelines of the Gaidar forum.

"Program "1432" is not canceled, it is in this year will be 13.7 billion rubles. The act will necessarily be released before the end of the first quarter", — said the Minister.

We are talking about the resolution of the government N1432 governing the provision of subsidies to the agricultural machinery enterprises in Russia.

"The Prime Minister took in this part of the solution, so we are working with the Ministry of agriculture, Ministry of Finance, government of the formal side of this issue", — said Denis Manturov.

As reported, farmers in 2016, purchased on favorable terms 13.4 thousand units of agricultural machinery, which is two times more than in 2015. In 2016, the Ministry of agriculture has brought to manufacturers 11 billion 162 million rubles of subsidies. In 2015, the amount of paid subsidies amounted to 5 billion 195 million rubles, the farmers were sold 6405 units of agricultural machinery.

In addition, in 2016, 500 million rubles were allocated for the upgrade of educational base for engineering faculties of agricultural universities. The Ministry of agriculture distributed the funds of the Federal budget in full between 48 universities, allowing institutions to buy about 490 units of agricultural machinery.