Seanad debates
Tuesday, 11 November 2003
Direct Payments Decoupling: Statements.
When the agreed system is fully implemented, the Minister will retain over €34 million per annum of the €40 million raised through modulation. That is a major improvement on the original proposal, where the combined effect of modulation and degression would have resulted in €464 million being siphoned from direct payments in the period from 2006 to 2012. Other concessions secured during the negotiations include a member state's right to use up to 10% of its direct payments in one sector to encourage specific types of farming which are important for the environment or to improve quality and marketing. The farm advisory system is to be voluntary for all farmers. The national reserve may be used for certain early retirement cases.
No comments