Hubei Province determines 4 billion jins of grain inventory with purchase and protection price in 2003

Introduction: Recently, Hubei Grain Bureau, Department of Finance and Agricultural Development Bank of China jointly issued the 2003 grain promotion plan and relevant policies and measures In 2003, the whole province sold 4 billion jin of ordered grain and protected price grain (old grain for short) The sales plan of "old grain" is broken down by the province according to the inventory at the end of December 2002 (excluding the reported and aged grain from all regions), and the sales target responsibility system is implemented at all levels The sales assessment period is from April 1 to December 31, 2003, and the accounts are settled at the end of December The price difference of "old grain" sold by wn2 is subsidized by the local government from the grain risk fund contracted by the province to the grain risk fund of the city and county If the grain risk fund is insufficient, the city (prefecture) government shall promise to the provincial government, and the provincial government shall promise to the Agricultural Development Bank, hang first, then make up, and put it in place step by step However, the price difference subsidy for each jin of raw grain in that year shall not be less than 5 cents The principal of the price difference loss shall be paid off within 2-3 years from the grain risk fund contracted by the province to the city (prefecture), and the interest of the principal shall be paid from the grain risk fund contracted by the province to the local If the principal of the price difference loss is not paid off when due, the provincial finance shall directly deduct it back to the provincial agricultural development bank from the grain risk fund contracted to the county or city Wn2 provincial government decided to allocate 5 million yuan from the provincial food risk fund to reward regions, enterprises and individuals with great achievements in promotion and inventory reduction Wn2