Gov't to support organic farming with HUF 40 bln of funding
Hungary's government will call a HUF 40 billion tender next January to support organic farming, Minister of Agriculture István Nagy said, according to a report by state news wire MTI.
Nagy said encouraging organic farming and expanding the areas covered by organic farming was a priority. Support amounts will increase by an average of 74% compared to the past, he added.
Between 2010 and 2020 the size of land under organic farming in Hungary increased almost two and a half times, currently organic production takes place on about 300,000 hectares, the minister said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.