"It is another small step to get out of the health and economic drama that has hit our country, with the certainty that it will be necessary to invest not only in facing the most urgent needs, but also and above all in the launch of a real recovery plan," declared the Minister of Agriculture, Stefano Patuanelli.
"The great work we are carrying out on the Recovery Fund will have to aim at projecting the agri-food sector towards a new paradigm of growth and development, starting with investments to innovate cultivation and production processes and support them with new digital tools and artificial intelligence.
"In this way we are able to promote not only the ecological transition, but to start new production methods in step with global competitiveness and environmental and economic sustainability ".
The participation of the agri-food sector in the non-repayable contributions of article 1 of the Sostegni Decree will be approximately 800 million, the deduction for the agricultural sector and the increase of 150 million in the Fund for the development and support of agricultural supply chains by 300 million wage supplementation for agricultural workers for a maximum of 120 days until 31 December 2021.
A non-repayable grant will be paid to holders of agricultural income with remuneration and revenues not exceeding 10 million euros, provided that the average monthly amount of the turnover in 2020 is at least 30% lower than the average monthly amount of the turnover of the 2019.
The contribution, which depends on the company's turnover, is determined to be equal to the amount obtained by applying a percentage to the difference between the average monthly amount of turnover and fees for the year 2020 and the average monthly amount of turnover and the fees for the year 2019 and ranges from a maximum of 60% of the loss suffered for those with revenues or compensation not exceeding 100 thousand euros to a minimum of 20% for those with revenues or compensation between 5 and 10 million euros. ■
Residents in coastal North Carolina and Virginia braced for potential flooding after Tropical Storm Ophelia made landfall near a North Carolina barrier island on Saturday morning, bringing rain, damaging winds and dangerous surges of water.