Farm Minister announces payment of additional aid
Sinn Féin Agriculture Minister Michelle Gildernew MP MLA has confirmed that some £3 Million will be paid to farmers in additional aid by the end of September.
Announcing the aid, the Minister said:
"As local Agriculture Minister I am committed to getting the best deal possible for our farmers and any additional cash large or small is to be welcomed. Under European regulations most farmers get a refund of compulsory modulation deducted from the first €5,000 (£3,388) of direct payments that they have received.
"This 'Additional Aid' refund can deliver a one-off payment of up to £128.54 into the farmers' hand. I am pleased to confirm that my department will start making these payments, in respect of the 2006 scheme year, from late August. This will be completed to those who have already received a payment under the main scheme, by 30th September."
The total amount of such aid payable is subject to a ceiling. To stay within the ceiling, a scaleback of 5.16% is required this year compared to 5.52% for the previous year.
Notes to Editors:
- In the 2006 Scheme year, compulsory modulation was deducted at a rate of 4% from payments under the Single Farm Payment Scheme, the Energy Crop Scheme and from Protein Crop Premium. Voluntary modulation was also deducted.
- The maximum individual payment is £128.54 (€189.68). This is 4% of €5000 less scaleback.