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Food Stamps as a Method of the Parallel Government Support

In: Regional Economic Development in Russia

Author

Listed:
  • Andrey Nechaev

    (Irkutsk National Research Technical University)

  • Elena Ilina

    (Irkutsk State Agrarian University named after A. A. Ezhevsky)

  • Miaomiao Li

    (Henan University of Animal Husbandry and Economy)

Abstract

Agricultural production is a risky activity since it depends on both economic factors and natural and climatic conditions. On the other hand, it is in this industry that vital food products are created. In such conditions, to ensure food security, the state needs to develop the support measures that will stimulate the production of agricultural products and ensure the availability of these products to low-income segments of the population. The work proposes using ration cards to support not only the population, but also regional agricultural producers. This will facilitate developing enterprises to find a permanent market. The selling price for the producer will contribute to the growth of profitability of the main activity and indirectly stimulate the introduction of innovations. The proposed tool of support is promising in the condition of the budgeted deficit since the funds allocated for the population increase the availability of foodstuff and stimulate agricultural production in parallel.

Suggested Citation

  • Andrey Nechaev & Elena Ilina & Miaomiao Li, 2020. "Food Stamps as a Method of the Parallel Government Support," Springer Proceedings in Business and Economics, in: Niyaz Kamilevich Gabdrakhmanov & Lenar Nailevich Safiullin (ed.), Regional Economic Development in Russia, pages 171-180, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-39859-0_15
    DOI: 10.1007/978-3-030-39859-0_15
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