Agree on the policy for the Project to Improve the Organization and Operation of the Provincial Farmers Support Fund

This afternoon, August 19, Standing Vice Chairman of the Quang Tri Provincial People's Committee Ha Sy Dong chaired a meeting with the Provincial Farmers' Association and related departments and branches on the draft project to improve the organization and operation of the Provincial Farmers' Support Fund (HTND).

Permanent Vice Chairman of the Provincial People's Committee Ha Sy Dong delivered a concluding speech at the meeting - Photo: QH

According to information from the leaders of the Provincial Farmers’ Association, up to now, the Provincial Farmers’ Association Fund has been established and developed for 24 years. Over the past time, capital from the fund has helped thousands of farming households borrow to develop their economy, escape poverty, and contribute to creating jobs for thousands of rural workers.

It is noted that the activities of the Provincial Farmers' Association Fund have brought about positive results in economic restructuring, new rural construction, sustainable poverty reduction..., and at the same time contributed significantly to enhancing the role of farmers' associations at all levels.

However, the current capital demand for farmer members is very large. Meanwhile, the current capital source of the Provincial Farmers' Association Fund is only nearly 5.9 billion VND, meeting only a small part of the members' needs. At all levels of the association, the growth of the Farmers' Association Fund is still slow. The fund source provided by the state budget is still low. In order for the Farmers' Association Fund to meet the increasing demand for investment capital for agricultural development associated with the value chain in production and consumption of products, the State's investment, including investment through the Farmers' Association Fund of the Provincial Farmers' Association, is very necessary.

At the meeting, the leaders of the Provincial Farmers' Association presented the draft project on perfecting the organization and operation of the Provincial Farmers' Association Fund. Accordingly, the Provincial Farmers' Association Fund is headquartered at the Provincial Farmers' Association office. The Fund operates on the principle of financial autonomy, not for profit; ensuring publicity, transparency, capital preservation and development.

The Fund performs its functions and tasks in accordance with the provisions of law. The purpose of the Provincial Farmers' Association Fund is to support farmer members in building and replicating effective production and business models, contributing to increasing income and improving farmers' lives; creating resources, conditions and tools to unite and gather farmers into the association, contributing to building the association and the farmers' movement... The leaders of the Provincial Farmers' Association proposed that the Provincial People's Committee consider supplementing the charter capital of the Provincial Farmers' Association Fund by 2031 to nearly 30 billion VND.

Concluding the meeting, Standing Vice Chairman of the Provincial People's Committee Ha Sy Dong agreed in principle with the project to improve the organization and operation of the Provincial Farmers' Association Fund. At the same time, he requested the Department of Finance to coordinate with the Department of Planning and Investment to inspect and review the budget capital sources, on that basis, propose a plan to balance and allocate appropriate capital. The Provincial Farmers' Association received comments from departments and branches to complete the draft project, and soon send it to the Provincial People's Committee for inspection and approval to submit to the Provincial People's Council in the next session.

Quang Hiep

Source: https://baoquangtri.vn/thong-nhat-ve-mat-chu-truong-doi-voi-de-an-kien-toan-to-chuc-va-hoat-dong-cua-quy-ho-tro-nong-dan-tinh-187714.htm