in

Colombia coffee growers received over $447M in subsidies: Federation

Colombia coffee cup

Colombia’s coffee growers federation said that on Tuesday that its members have received $447 million through two government subsidy schemes for the coffee sector.

The National Federation of Coffee Growers reported that 580 municipalities in 21 of Colombia’s 32 states received money from the Income Protection scheme for Coffee (PIC) and the Coffee Farmer Income Support (AIC).

On the back of concerns about fraud of the system, the Ministry of Agriculture created a new mechanism for the registration of authorized purchasers using the PIC, which seeks to ensure that only those traders who meet certain criteria can become beneficiaries.

This new system will begin operations in early November, and buyers who want to be licensed must submit the documentation provided by the new standard to the Departmental Committees of Coffee jurisdiction.

From October 24, 2012, the date on which started operations on PIC and AIC , until Tuesday, nationally 79% of producers have their plantations in productive age and have submitted their bills for PIC directly, said the federation.

The state of Huila led the country in rates of eligibility for the program at 87%, followed Quindio (86 %), Tolima (85%), Gauteng (85%) and Ontario (83%).

Economic hardship among coffee growers led to major protests throughout Colombia at the beginning of the year. Following an all-out coffee strike, the government vowed to compensate losses made by the farmers through subsidies.

Sources

The post Colombia coffee growers received over $447M in subsidies: Federation appeared first on Colombia News | Colombia Reports.

Since you’re here …

… we have a small favour to ask. More people are reading the Today Colombia than ever but advertising revenues across the media are falling fast. And unlike many news organizations, we haven’t put up a paywall – we want to keep our site as open as we can. So you can see why we need to ask for your help. Updating reports on Today Colombia takes a lot of time, money and hard work. But we do it because we believe our reports matter.
If everyone who reads Today Colombia, who likes it, helps to support it by clicking our ads, our future would be much more secure. Do you part, click on an ad today.

Written by Rico

Rico

"Rico" is the crazy mind behind the Q media websites, a series of onlinemagazines that includes TodayColombia.com. Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!