State support of the agricultural industry of Russia: main trends and social economic importance

Alexey Tikhomirov; Alexander Fomin

doi:10.55186/25876740_2024_67_2_121

VAK Russia 5.2.1 UDC 332.1 UDC 338.432

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STATE SUPPORT OF THE AGRICULTURAL INDUSTRY OF RUSSIA: MAIN TRENDS AND SOCIAL ECONOMIC IMPORTANCE State support of the agricultural industry of Russia: main trends and social economic importance

АА Аа

Published in INTERNATIONAL AGRICULTURAL JOURNAL · Issue 2 · Pages 121–125 · Rubric: State regulation and regional development APK

DOI: https://doi.org/10.55186/25876740_2024_67_2_121

Received: 25.01.2024 Accepted: 28.02.2024 Published: 15.04.2024

Authors

Alexey Tikhomirov

ORCID

Alexander Fomin

ORCID

Alexey Tikhomirov

Academic degree: candidate of economic sciences

Russian State Agrarian University – Moscow Agricultural Academy named after K.A. Timiryazev associate professor of the department · department of management · Russian Federation · Moscow

ORCID

Alexander Fomin

Academic degree: candidate of economic sciences

State University of Land Use Planning professor of the department · department of management and management technologies · Russian Federation · Moscow

ORCID

ABSTRACT

The article analyzes the current state of development of the agricultural sector of the country's economy and identifies factors influencing the efficiency of industry development and the financial and economic situation of agricultural enterprises. It was established that favorable market conditions and the budgetary support provided to the industry allowed agricultural organizations to increase their productivity in 2020-2022. profit before tax by 26.5% and net profit by 26.3%. The key features of regulation of the agro-industrial complex in modern economic conditions are identified. The forms and mechanisms for providing state support to the agricultural sector, consisting of direct and indirect support, state regulation and administration, are considered. It has been established that the total amount of budget support provided to agricultural organizations from budgets of all levels for 2018-2022. amounted to 803.4 billion rubles. The largest amount of funds was allocated to stimulate investment activities - 239.0 billion rubles, an increase of 29.7%. There was a tendency to reduce subsidies in all areas for 2018-2022. by 2.8%, which is due to a decrease in investment activity and the rate of increase in agricultural production due to the saturation of the domestic agri-food market with domestically produced products, as well as a decrease in effective demand as a result of a fall in real disposable income of the population. Innovations in the mechanisms for providing budget support are substantiated, related to the combination of compensating and incentive subsidies into one single subsidy with the definition of mandatory priorities for all subjects and areas of subsidizing, which regional governing bodies of the agro-industrial complex have the right to choose at their discretion. The importance of forming strategic priorities for providing state support in ensuring the country's food security is shown. Based on the analysis, new conceptual approaches to state regulation and subsidization of agriculture have been proposed, which makes it possible to increase the targeting and objectivity of providing budget support.

KEYWORDS

government support, agricultural development, subsidies, efficiency, market regulation

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Editor-in-Chief

Aleksandr Fomin

Deputy Editor-in-Chief

Tat'yana V. Kazennova

Responsible Secretary

Irina Mamontova

Issue Editor

Gilyana Yakushkina

Literary Editor

Marina G. Fomina

Editorial

Redakcii Sotrudnik

info@mshj.ru

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GOST

Tikhomirov A. I., Fomin A. A. State support of the agricultural industry of Russia: main trends and social economic importance // INTERNATIONAL AGRICULTURAL JOURNAL. 2026. no. 2. pp. 121-125. DOI: https://doi.org/10.55186/25876740_2024_67_2_121. (Date of access 24.09.2026).

MLA

Alexey Tikhomirov, Fomin A. A.. "State support of the agricultural industry of Russia: main trends and social economic importance." INTERNATIONAL AGRICULTURAL JOURNAL.2 (2026): 121-125. DOI: https://doi.org/10.55186/25876740_2024_67_2_121.

APA

Tikhomirov A. I., Fomin A. A. (2026). State support of the agricultural industry of Russia: main trends and social economic importance. INTERNATIONAL AGRICULTURAL JOURNAL(2), 121-125. https://doi.org/10.55186/25876740_2024_67_2_121

Chicago

Alexey Tikhomirov, Fomin A. A.. "State support of the agricultural industry of Russia: main trends and social economic importance." INTERNATIONAL AGRICULTURAL JOURNAL, no. 2 (2026): 121-125. https://doi.org/10.55186/25876740_2024_67_2_121.

WIKI

{{cite journal | author = Tikhomirov A. I., Fomin A. A. | title = State support of the agricultural industry of Russia: main trends and social economic importance | journal = INTERNATIONAL AGRICULTURAL JOURNAL | year = 2026 | issue = 2 | pages = 121-125 | doi = 10.55186/25876740_2024_67_2_121 }}

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STATE SUPPORT OF THE AGRICULTURAL INDUSTRY OF RUSSIA: MAIN TRENDS AND SOCIAL ECONOMIC IMPORTANCE State support of the agricultural industry of Russia: main trends and social economic importance

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