According to the Decree, policies on support for local rice production stipulating financial support ranging from 750.000 VND to 1.500.000 VND per ha per year for paddy land in 2025 are as follows:
- State budget support for rice production:
+ Financial support of 1.500.000 VND per ha per year for specialized paddy land;
+ Financial support of 750.000 VND per ha per year for other paddy land, excluding upland rice cultivation land expanded spontaneously without following planning or plans for paddy land use;
+ Additional financial support of 1.500.000 VND per ha per year for specialized paddy land in regions subject to rice cultivation planning with high productivity and quality.
- The area of specialized paddy land and other paddy land receiving the support mentioned above shall be determined following the statistical land data of provinces and centrally affiliated cities announced by the Ministry of Natural Resources and Environment of Vietnam in the year preceding the first year of budget stabilization period.
Regarding the funding allocation in 2025, use the statistical land data of provinces and centrally affiliated cities announced by the Ministry of Natural Resources and Environment of Vietnam in 2023.
- The area of paddy land receiving support prescribed in Point c Clause 1 Article 14 of Decree No. 112/2024/ND-CP shall be determined by provincial People’s Committees under Clause 2 Article 5 of Decree No. 112/2024/ND-CP and according to the announcement of the year preceding the first year of the budget stabilization period.
- Regarding the years in the budget stabilization period, mechanisms of support from the state budgets to local budgets for policies prescribed in Clause 1 Article 14 of Decree No. 112/2024/ND-CP shall apply principles of support from central budgets to local budgets to implement social security policies promulgated by central authorities corresponding to each period.
- Provincial People’s Committees shall manage and allocate support budget sources for the protection of paddy land as per regulation.
Additionally, the transitional provisions in Article 19 of Decree No. 112/2024/ND-CP specify that policies on support for local rice production and rice farmers according to Clauses 2 and 4 Article 7 of Decree No. 35/2015/ND-CP (which stipulate policies on support for specialized paddy land and other paddy land) shall remain effective until December 31, 2024.
Therefore, the financial support ranging from 750.000 VND to 1.500.000 VND per ha per year for paddy land under new policies on support for local rice production prescribed in Decree No. 112/2024/ND-CP shall be applicable from 2025.
See more details in Decree No. 112/2024/ND-CP dates September 11, 2024.
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