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Argentine province to allocate 45mn pesos to small farmers
Aug '13
The Governor of Chaco province of Argentina, announced allocation of 45 million pesos to 900 small farmers, including cotton producers in the region.  
In addition to the financial assistance, the provincial government would also be extending the functioning operative of Rural Consortia Services.
Speaking at a press conference, Governor Jorge Capitanich said financial aid would be provided through the Ministry of Production and Northern Trust, and would benefit a production area of more than 100,000 hectares in the province.
The Governor was accompanied by the Minister of Production and Revenue, Enrique Orban and Minister of Finance and Treasury, Federico Muñoz Femenia at the press conference.
Governor Capitanich explained the financial assistance mechanism would be divided into three stages, by mixed cultivation of various crops like cotton and soya bean, according to plan and seed production of each producer, with a limit of planting 100 acres at most and regardless of the number of acres each producer owns.
The registration process to avail the financial aid would run from August 26 to September 30, 2013, where enrollment criteria would be implemented and consultations would be conducted, to unify a strategy that includes and encompasses all producers, in order to solve their issues through a general rule, he added.

Fibre2fashion News Desk - India

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