Khatamov Adkham Sobirovich
Independent researcher of the International Center for Strategic Development and Research in the field of food and agriculture of MARUz
E-mail: xatamov35@gmail.com, tel: +998974103500
ORCID: 0000000233295970
Abstract: This article examines the importance of subsidizing agriculture and ways of providing it. Today, it is required to develop the theoretical issues related to the crediting system of economic entities operating in agriculture based on the existing conditions. The UN Food and Agriculture Organization estimates that the current rate of world population growth will increase to 9.7 billion people by 2050. If current population growth continues at the same rate, population demand for calories will increase by 70 percent. In developing countries, the demand for crops for population and animal feed will almost double. The only way to meet this ever-growing demand is to intensively develop agriculture and provide financial support for all the products created in time so that the chain of implementation is not broken through a combination of processing technologies or the concept of bio-processing. Today, as a result of the implementation of economic reforms in the agricultural sector in our country, family entrepreneurship, individual entrepreneurship, farmers and peasant farms, which are considered promising forms of economic management, have a certain level of regulatory, organizational, economic and financial conditions for the effective operation of the cluster system. was created. Also, great attention is paid to the field of financing and crediting of agricultural enterprises. In particular, various credit institutions providing financial services to economic entities (funds, microcredit organizations, microfinance organizations, commercial banks, leasing companies) were established, the legal basis of the system of lending to farmers and peasant farms was developed, crediting of the agricultural sector was adjusted to the requirements of market relations. At the same time, the legal-normative bases of financing agricultural activities and the processes of subsidy allocation were analyzed and relevant conclusions were formed.
Key words: agriculture, subsidy, bank loan, agricultural infrastructure, leasing companies, savings (funds), microcredit organizations, microfinance organizations.