HomeEconomyTürkiye invests over $157M in rural development projects in 2023

Türkiye invests over $157M in rural development projects in 2023

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Türkiye offered some TL 4.7 billion ($157.8 million) in grant assist to rural growth tasks final 12 months, a senior official mentioned Wednesday.

Highlighting that they made final 12 months “the year of rural investments,” Agriculture and Forestry Minister Ibrahim Yumaklı mentioned, “Last year, we provided TL 4.7 billion in grant support to rural development projects. Thanks to these supports, 13,481 people were employed through the projects implemented.”

“We will continue to increase our grant support for rural investments,” he mentioned in a publish on the social media platform X, previously Twitter.

Yumaklı highlighted that inside the scope of the IPARD Program, TL 3 billion in grants got to three,375 tasks, using 7,200 folks.

The visible presentation of the grants offered additionally indicated some 495 tasks have been supported with TL 648 million below the “Rural Development Programs Support Project,” using 2,084 folks.

Within the framework of supporting particular person irrigation techniques, assist amounting to TL 609 million was offered to six,522 tasks.

It was additionally mentioned that TL 320 million in grants was handed to 1,292 entrepreneurs as a part of the “Expert Hands Project.”

In addition, based on the data offered by means of the publish, the grant assist of TL 131 million was delivered inside externally funded rural growth tasks, resulting in the employment of two,905 people.

Agriculture assist in 2023

In an interview with Anadolu Agency (AA) on Thursday, the minister additionally offered data on state assist and harm compensation issued throughout 2023 inside the scope of the Agriculture Insurance Pool (TARSIM) challenge.

“Last year, we protected the labor of our producers. In 2023, within the scope of TARSIM, 3.1 million policies were issued, and TL 9.2 billion in state premium support and 8 TL billion in damage compensation payments were made,” Yumaklı mentioned.

Yumaklı famous that the challenge was created to guard farmers from pure disasters and to proceed their agricultural actions.

He famous that a lot of the TARSIM insurance coverage final 12 months was made within the provinces of Tekirdağ, Edirne, Konya, Kırklareli and Yozgat, respectively, and that essentially the most insured merchandise have been wheat, barley, sunflower, hazelnuts and grapes.

Emphasizing that the rise within the variety of insured folks and the variety of premiums in agriculture continues, Yumaklı acknowledged that insurance coverage protection continuously expands and reductions are being utilized.

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