The impact of federal subsidies on the financial result of the hemp plant

Issue № 5, 2023, article № 8, pages 60-64

Section: Economic mechanism of managing

Language: Russian

Original language title: ВЛИЯНИЕ ФЕДЕРАЛЬНЫХ СУБСИДИЙ НА ФИНАНСОВЫЙ РЕЗУЛЬТАТ ПЕНЬКОЗАВОДА

Keywords: TECHNICAL HEMP, SUBSIDIES, PRIMARY PROCESSING, PRODUCTION LINES, PROFIT, PROFITABILITY, TECHNICAL AND ECONOMIC INDICATORS

Abstract: The state program of support for hemp farming in the form of federal subsidies, as well as an increase in demand for food products from technical hemp, the expansion of the fields of application of hemp and bonfires led to an increase in interest in the cultivation of this crop, which is expressed in a stable annual increase in acreage, which increased almost 16 times in 2010-2022. In order to receive state support in the form of federal subsidies, a processing enterprise must fulfill a number of conditions, one of which is the absence of tax arrears. Currently, in Russia, more than 95% of primary processing enterprises produce hemp of the same type from hemp stalks, the composition of lines for this can be diverse, therefore, and the main domestic lines for the primary processing of technical hemp have been analyzed. A comparative analysis of the economic efficiency of two domestic hemp primary processing lines was carried out when receiving a federal subsidy to compensate for part of the costs of agrotechnical work on the cultivation of bast crops and with a subsidy to compensate for part of the capital costs for the purchase, delivery and installation of technological equipment, vehicles, other fixed assets and without them. The subsidy for carrying out agrotechnical work on the cultivation of technical cannabis increases the profitability of production to a greater extent and reduces the payback period. Both technological lines are efficient and will pay off in almost the same time.

Authors: Basova Natalia Vladimirovna, Novikov Eduard Valerevich, Bezbabchenko Aleksandr Vladislavovich