The grain risk fund is a special regulation and control fund set up by the state to protect grain farmers, stabilize the grain market, and ensure national food security. It is funded jointly by the central government and local governments, and used by local governments.
In order to further strengthen the local government's capacity for food control, the State Council decided on the basis that all grain production funds in the main production areas would be canceled this year, and the central government decided that the Central Government's new grain risk fund central subsidy would be 4.4 billion yuan, increasing the national grain risk fund size by 8 billion yuan. Yuan, a one-time solution to the issue of the food risk fund gap. On August 23, the central government has allocated all of the newly added subsidy of RMB 4.4 billion to relevant provincial finances.
After helping local governments solve the shortfall in the food risk fund, the total scale of the national food risk fund will reach 38.2 billion yuan, which will ensure the normal expenditures for grain direct subsidies and local grain and oil reserves in the provinces, and further strengthen the protection of grain farmers and the stable circulation of local governments. The market and the ability to ensure the macro-control of grain and oil supplies have effectively promoted national food security.
In order to further strengthen the local government's capacity for food control, the State Council decided on the basis that all grain production funds in the main production areas would be canceled this year, and the central government decided that the Central Government's new grain risk fund central subsidy would be 4.4 billion yuan, increasing the national grain risk fund size by 8 billion yuan. Yuan, a one-time solution to the issue of the food risk fund gap. On August 23, the central government has allocated all of the newly added subsidy of RMB 4.4 billion to relevant provincial finances.
After helping local governments solve the shortfall in the food risk fund, the total scale of the national food risk fund will reach 38.2 billion yuan, which will ensure the normal expenditures for grain direct subsidies and local grain and oil reserves in the provinces, and further strengthen the protection of grain farmers and the stable circulation of local governments. The market and the ability to ensure the macro-control of grain and oil supplies have effectively promoted national food security.
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