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CHINA> National
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Emergency money allocated to dairy farmers
(Xinhua)
Updated: 2008-10-09 21:03 The Chinese government set aside 300 million yuan (US$44.03 million) to help farmers who lost money during the country's contaminated milk powder scandal, the Ministry of Finance (MOF) said Thursday. According to the MOF, subsidies will mainly go to dairy farmers who suffered financial losses after disposing of raw milk in five major dairy-production provinces of Hebei, Liaoning, Shanxi, Shandong and Henan as well as Inner Mongolia Autonomous Region. The MOF also said it would act in cooperation with the Ministry of Agriculture to distribute the 300 million yuan which will come from the central treasury. The government enacted the subsidies to help reduce farmer's losses and to maintain development of China's dairy industry, the MOF said. Both ministries issued notices urging local governments to use the emergency funds in a transparent way. |
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