CONCESSIONAL LENDING TO ENTERPRISES OF THE AGRO-INDUSTRIAL COMPLEX: STATE, EFFICIENCY AND DEVELOPMENT PROBLEMS
DOI 10.32651/225-2
Issue № 5, 2022, article № 1, pages 2-9
Section: Problems of efficient management
Language: Russian
Original language title: ЛЬГОТНОЕ КРЕДИТОВАНИЕ ПРЕДПРИЯТИЙ АГРОПРОМЫШЛЕННОГО КОМПЛЕКСА: СОСТОЯНИЕ, ЭФФЕКТИВНОСТЬ И ПРОБЛЕМЫ РАЗВИТИЯ
Keywords: CREDIT, CONCESSIONAL LENDING, AGRO-INDUSTRIAL COMPLEX, SUBSIDIES, EFFICIENCY
Abstract: Within the framework of this study, an assessment is made of the volume of subsidized loans in the agro-industrial complex of Russia. The performance indicators of the use of soft loans by agricultural organizations of the Ulyanovsk region for the period 2016-2020 are considered. The positive role of concessional loans in shaping the dynamics of the industry development, ensuring investment and operational activity in the agricultural sector is revealed. The key aspects of the effectiveness of the implementation of the mechanism for preferential lending to agribusiness enterprises are considered from the perspective of all participants in this process: agricultural producers, regional authorities and authorized banks. The key problems of the implementation of the mechanism of concessional lending to the agro-industrial complex for the period of its operation are identified, among which are: the lag in the growth rate of sales from the growth rate of lending to agricultural enterprises; low efficiency and weak return on bank loans, including those provided on concessional terms; growth of accounts payable of agricultural enterprises. In the context of a record high key rate and increased interest rates on bank loans, a decrease in funding from the Ministry of Agriculture of the Russian Federation and changes in the conditions for concessional lending to agro-industrial complex, the problem of revising the current mechanism for concessional lending becomes especially acute.
Authors: IAshina Marina Lvovna, Treskova Tatiana Viktorovna, Neif Natalia Mikhailovna