Govt to stop funding farmers and subsidise input manufactures

Govt to stop funding farmers and subsidise input manufactures
Published: 01 November 2013
Agriculture, Mechanisation and Irrigation Development Minister, Joseph Made, recently announced that from the 2014-2015 cropping season, the government would stop directly funding farmers and focus on subsidising inputs for manufacturers.

"For a long time, we have been saying subsidising the manufacturers is the preferred form because it assists us as agriculture not to be involved in the day-to-day allocation of inputs to farmers," said Made.

He added that would enable farmers to purchase the inputs on their own at cheaper prices.

For the 2013-2014 cropping season, the government has already sourced nearly Aus$1 billion from different funders.
- fingaz

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