Economy
Posted:
5 months ago
Farmers Can Now Purchase Harvesting Machinery with Increased State Co-Funding
Farmers in Georgia will now be able to purchase harvesting agricultural machinery with enhanced state co-funding support.
According to recent changes to the program, the total maximum co-funding amount provided by the Rural Development Agency for harvesting machinery has increased from GEL 150,000 to GEL 250,000.
Per beneficiary, the co-funding for harvesting equipment will cover up to 30% of the cost, not exceeding GEL 250,000. For manual tea-picking devices, the co-funding will cover up to 50%, capped at GEL 1,000.
According to program conditions, the equipment must be brand-new (not previously in use), manufactured no more than two calendar years before the purchase, and must include a minimum six-month warranty from the date of application.
Applications will open on July 15 at 12:00 PM. The program’s budget amounts to GEL 10 million.
