This document sets out the official rules for providing and distributing federal subsidies to regional budgets to reimburse part of the insurance premium costs paid by agricultural producers. These subsidies are intended to support agricultural insurance in both crop production and livestock farming. The regulation outlines its purpose, which is to help regions meet their financial obligations related to subsidizing insurance premiums and to ensure that agricultural producers are protected against a wide range of natural hazards, diseases, and other risks leading to loss of crops or livestock. The rules define in detail the conditions required for regions and producers to be eligible for subsidies. These conditions include the existence of regional agricultural development programs, proper budget allocations, and strict procedural requirements for processing applications. The document also specifies insurance contract requirements, such as covering all relevant crops or animals listed in the national agricultural insurance plan, maintaining minimum insurance sums, and ensuring that producers pay part of the premium themselves. It further sets criteria for insurance companies, including financial stability and membership in relevant insurance associations. Finally, the regulation introduces formulas for calculating subsidy amounts, mechanisms for reallocating unused funds, and procedures for financial oversight and reporting. It obliges regional authorities to submit regular reports and meet performance indicators such as the share of insured crop area and livestock. Failure to meet these indicators or to comply with subsidy conditions may result in reduced funding or suspension of subsidies. Overall, the document establishes a comprehensive framework to ensure transparent, accountable, and effective use of federal subsidies for agricultural insurance.
Russian Federation · 2012-12-22