1, grain risk fund contract
The central government will provide all provinces with responsibility for grain risk funds, and appropriately increase subsidies for grain risk funds in major grain producing areas, which will be used by local governments as a whole.
2, food risk fund raising
All provinces should raise grain risk funds according to policies and make overall arrangements without leaving gaps.
What are the food risk funds allocated?
The grain risk fund shall allocate the purchasing and selling enterprises quarterly, and the subsidy funds must be allocated to the purchasing and selling enterprises before 15 of the last month of each quarter.
4, the use of food risk fund
Under the guidance of the central policy, study the specific subsidy scope, subsidy standards and subsidy methods of grain risk funds.
5, food risk fund cost overruns compensation
After the grain risk fund is contracted, the central government will not make up for the overspending of the provinces, and the balance will be retained.
6, food risk fund monthly and annual report system
The provincial finance department is responsible for the preparation of the monthly food risk fund. After the monthly report is audited and signed by the Agricultural Development Bank at the same level, it shall be submitted to the Ministry of Finance before the 5th of the following month, and copied to the Agricultural Development Bank of China and the State Grain Bureau.
Summarize and strengthen the supervision and management of grain risk funds, and ensure the implementation of the grain governor responsibility system and the grain risk fund contracting policy.
Legal basis: Measures for the Administration of Special Account of Grain Risk Fund
Article 3 The financial department shall be responsible for the opening, funding, disbursement, liquidation, management and supervision of the special accounts of grain risk funds. Agricultural Development Bank is responsible for fund allocation and counter supervision within the system. Fourth local county (including county) and above all levels of financial budget accounting in the Agricultural Development Bank at the same level (including agencies, the same below) to open a "food risk fund" account.