Opinions on the implementation of grain risk fund

Article 1 In order to stabilize the grain market by economic means, prevent the grain price from fluctuating greatly, protect the interests of producers and consumers, and promote the stable growth of grain production and the reform of grain circulation system, it is necessary to establish a grain risk fund system.

Article 2 The grain risk fund is a special fund used by the central and local governments to stabilize the grain market price, subsidize the increased expenditure of some farmers who eat grain sold back, maintain the normal circulation order of grain and implement economic regulation.

Article 3 From the grain year of 1994, the central government and all provinces, autonomous regions and municipalities directly under the Central Government must establish sufficient grain risk funds. Whether a prefecture (city) or county establishes a grain risk fund shall be determined by all localities according to their financial resources.

Article 4 The central grain risk fund shall be used for the interest and expenses of the national grain and oil reserve and the national special reserve, as well as the expenses required for using the central grain reserve to adjust the grain market price under special circumstances.

The local grain risk fund is used for the interest, expenses and differential expenses incurred by the local government to stabilize the grain market price; Subsidize farmers in poor areas for the increased cost of eating and selling grain because of the increase in grain prices.

The size of the grain risk fund is determined according to the above purposes. Matters originally used for poverty alleviation funds and social special care and relief funds. It is still solved by the original capital channel, and the grain risk fund shall not be misappropriated.

Article 5 The source of funds for the central grain risk fund shall be arranged by the central financial budget.

The source of funds for local grain risk funds consists of central subsidies and local financial budget arrangements, and the distribution ratio of the two funds is 1: 1.5 in principle. The source of funds for central subsidies is the price increase of grain saved by the central government after purchasing and selling grain at the same price and the new subsidy funds arranged by the central budget; The sources of local self-raised funds are subsidies from local fiscal savings after the liberalization of grain prices, as well as interest, expense subsidies and other budgetary funds for local grain reserves arranged in the local fiscal budget. The proportion of funds allocated to various regions and local financing channels cannot be across the board, and the scale of funds needed is the standard.

Article 6 The people's governments of all provinces, autonomous regions and municipalities directly under the Central Government shall organize the departments of price, finance, grain and agriculture to make careful calculations, preliminarily determine the scale of local grain risk funds according to the purposes specified in Article 4, and submit them to the State Council for approval. The State Council determines the minimum size of local grain risk funds according to the initial size of each region and the distribution ratio of the two funds. The total amount of funds actually raised by all localities shall not be less than the minimum scale. In addition to the central subsidy funds, the vacancies are all raised by the local authorities. All the funds required for the minimum scale must be in place in 1994. In the years to come, it will be used and supplemented, and it can only be increased, not decreased. Central subsidy funds and local self-raised funds must be in place on time. If the local self-raised funds cannot be put in place in time, the central subsidy will be reduced accordingly.

Article 7 The grain risk fund shall be managed by the finance department at the same level in conjunction with relevant departments, and the dispatching and use of the grain risk fund shall belong to the people's government at the same level. The Central Grain Risk Fund is led by the Ministry of Finance and jointly managed by the State Planning Commission, the State Economic and Trade Commission, the Ministry of Domestic Trade, the Ministry of Agriculture and the State Grain Reserve Bureau. The provincial grain risk funds shall be managed by the finance departments (bureaus) of all provinces, autonomous regions and municipalities directly under the Central Government in conjunction with the Planning Commission, the Price Bureau (Economic Commission), the Economic and Trade Commission (Economic Commission), the Food Department (Bureau) and the Agriculture Department (Bureau).