TEHRAN-- Iranian Deputy Agriculture Minister Houshang Mohammadi has actually announced the allotment of 50 trillion rials (about $131.2 million) for the mechanization of the countrys agriculture industry.Mohammadi made the statement on the sidelines of a visit to the 11th Exhibition of Agricultural Machinery, Tools and Equipment in Ahvaz, IRNA reported.According to the official, the pointed out funding will be supplied to farmers in the kind of low-interest centers for the purchase of agricultural tools and machinery in order to improve the farming sector and boost production.

Of the discussed figure, up until now 20 trillion rials (about $52.5 million) has been provided and the rest will be paid by the end of the current Iranian calendar year (March 20), Mohammadi said.Back in April 2022, Head of Irans Agricultural Mechanization Development Center Kambiz Abbasi announced the allotment of new resources for the mechanization of the nations farming sectors in the existing Iranian fiscal year 1401.

The main noted that the federal government had assigned 40 trillion rials (about $148.8 million) for farming mechanization in the previous calendar year (ended on March 20, 2022).

The mentioned funding was used to provide about 30,000 tractors, 800 integrate machine harvesters, and about 50,000 different farming makers and equipment used in numerous sectors like gardening, animals, poultry, and aquaculture to the nations farmers.In the previous forty years, because the Islamic Revolution, Iran has actually experienced a remarkable improvement in different sectors and the farming industry has actually been among the locations in which the country has actually undergone substantial development.Implementing billions of dollars of advancement, research study, and academic projects throughout the nation is an indicator of the considerable improvements in this sector.EF/ MA