The Ministry of Finance issued a document demanding that the subsidy work for the loss of the price difference of aged grain be done well
-
Last Update: 2002-09-26
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Introduction: Recently, the Ministry of Finance issued a notice to seriously subsidize the price difference loss of stale grain First, the treatment of aged grain shall be strictly in accordance with the relevant provisions of the State Council Previously, according to the regulations of the State Council, the financial departments at all levels, together with the grain and agricultural development bank, should strictly check and verify the price difference loss of the processed stale grain Any loss arising from the price difference of stale grain handled in violation of the provisions of the State Council shall be made up by the handling unit itself Second, the price difference loss incurred by the state-owned grain purchase and sale enterprises in selling the aged grain in the local reserve shall be borne by the local finance In principle, the price difference loss incurred by the state-owned grain purchase and sale enterprises in selling the aged grain in the turnover inventory of local commodities shall be made up by the grain risk fund If it is really difficult to make up for the large quantity of aged grain, the resulting price difference loss shall be registered first, the interest shall be disbursed from the grain risk fund, and the principal shall be returned gradually The source of capital repayment: first, if there is any surplus after the grain risk fund is contracted, it shall be returned with grain risk fund; second, if there is no surplus in the grain risk fund and the local financial resources are better, it shall be made up by the local and central finance according to the proportion of grain risk fund Third, the financial departments at all levels shall formulate subsidy plans according to the situation of the price difference loss and food risk fund of local aged grain If there is a large loss in the price difference of Chenhua grain and there is no surplus in the grain risk fund, the interest on the loss in the price difference of Chenhua grain shall be paid to the Agricultural Development Bank on schedule, and the principal shall be returned gradually later; if there is surplus in the grain risk fund, the loss in the price difference of Chenhua grain shall be made up according to the plan In particular, the surplus of grain risk fund is more in the main grain selling area The surplus funds should be mainly used to make up for the price difference loss of aged grain On the one hand, a large amount of surplus of grain risk fund should not be stored in the account of Agricultural Development Bank, on the other hand, a large amount of price difference loss of aged grain should be hung in the account of agricultural development bank FRs
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.