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Financial credit supports the project of “agricultural machinery and enriching the peopleâ€
[China Agricultural Machinery Industry News] On September 9, Hunan Agricultural Machinery Administration Bureau and China Postal Savings Bank Hunan Branch signed a strategic cooperation agreement in Changsha. According to the agreement, the bank launched a subsidy loan for agricultural machinery purchase and a modern agricultural machinery cooperative production and operation loan to “loan†the development of agricultural mechanization in Hunan. The bank's coverage of the first-tier sub-branches (ie county-level sub-branches) that issued agricultural machinery loans across the province reached 80% by the end of 2017. The agricultural machinery purchase subsidy loan and the modern agricultural machinery cooperative production and operation loan reached 2 billion yuan in 3 years.
Cao Yinghua, deputy secretary general of the Hunan Provincial Government, Wang Luofang, director of the Provincial Agricultural Machinery Administration, and Li Xiaoliang, president of the Hunan Branch of the Postal Savings Bank, witnessed the signing.
Financial Credit Supports Hunan Agricultural Mechanization Development
Agricultural mechanization is an important carrier and means to develop modern agriculture. The development of agricultural mechanization in our province is rapid. In 2015, the comprehensive mechanization level of rice production and harvesting has reached 68.4%. “There is no need for cattle, transplanting, bending, harvesting without knife, transportation. The modern agricultural production methods that do not need to be picked are gradually being realized.
According to the "Notice of the General Office of the People's Government of Hunan Province on Accelerating the Promotion of Agricultural Mechanization", by 2020, the total power of agricultural machinery in our province should reach 70 million kilowatts, and the comprehensive mechanization level of rice production should reach more than 75%. The number of agricultural machinery cooperatives reached 5,000.
In order to further accelerate the promotion and application of modern agricultural machinery, reduce the economic burden of farmers, and vigorously promote the process of agricultural modernization in our province, the Hunan Provincial Agricultural Machinery Bureau and the Hunan Branch of the Postal Savings Bank revolve around the work requirements of the 13th Five-Year Development Plan of our province and agriculture. Development, rural prosperity and farmers' income increase targets, with the "agricultural machinery and enriching people" project as the carrier, credit support as a means, resource sharing, complementary advantages, and effectively help farmers purchase and use agricultural machinery, support the development of modern agricultural machinery cooperatives, and promote agricultural mechanization in Hunan Province. Speeding up development provides strong support.
Special loans for the purchase of subsidized agricultural machinery
In order to support the effective implementation of the agricultural machinery enrichment project, the Hunan Branch of the Postal Savings Bank has developed two loan products. First, the agricultural machinery purchase subsidy loan. When farmers go to the agricultural machinery dealers to purchase agricultural machinery products with subsidized qualifications, they can apply for loans from the bank. With the support of special funds for the purchase of agricultural machinery, the amount of single loan for agricultural machinery purchase subsidies can reach 500,000 yuan. Farmers aged between 20 and 60 who have been engaged in local agricultural production for more than one year can apply.
The second is the modern agricultural machinery cooperative production and operation loan, which is a legal person or personal business loan that is directed to the modern agricultural machinery cooperative legal person or actual controller and member. The modern agricultural machinery cooperatives are recognized and recommended by the competent agricultural machinery departments at all levels, and the modern agricultural machinery cooperatives have a single loan amount of 3 million yuan. Wang Luofang said that the implementation of the "agricultural machinery and enriching people" project will further promote the rapid development of agricultural mechanization in our province and make new contributions to the development of agricultural and rural economy.
(Original title: 2 billion in 3 years! Hunan farmers can apply for subsidies for agricultural machinery loans)