Thursday, 29 April 2021
Department of Agriculture, Food and the Marine
Targeted Agricultural Modernisation Scheme
161. To ask the Minister for Agriculture, Food and the Marine if he will increase the rate of payment under TAMS to reflect the increasing construction costs particularly of materials; and if he will make a statement on the matter. [22398/21]
There are a wide variety of items available under the suite of seven measures under TAMS II. To date, total expenditure under the seven measures of the TAMS, including transitional expenditure, has reached in excess of €281m with commitments of an additional €130m made to scheme participants who have yet to draw down those commitments.
The rate of grant aid is set at 40% except in the case of qualified young farmers where the rate of grant aid available to such farmers is increased to 60%. As regards the costings of individual items available under TAMS, these costings are currently being reviewed. Any changes identified to the costings will be considered once this review process has been completed.