Effectiveness of state support for crop production in the Altai Territory

Abstract

The profitability of agribusiness depends on the forms of state support. The preservation and development of budget support in the Altai Territory is dictated by the acute need of agricultural producers for it. The study examines a number of areas of interaction between the state and agribusiness, analyzes the amount of funding, and reveals a low share per 1 hectare compared to other regions. The influence of state support on the indicators of economic activity and the increase in tax revenues is analyzed. The indicators of the effectiveness of state support in the Altai Territory are presented and the grouping of agricultural enterprises is carried out according to the size of budget funds allocated for 1 hectare of agricultural land. There are conditions for granting subsidies. Interdepartmental cooperation is being carried out, the quality, availability and efficiency are being improved, and the provision of state support funds in the Altai Territory is being provided. For the coordination of the parties, there is an electronic personal account of agricultural producers.