The Ministry of Industry and Trade is checking the effectiveness of subsidies granted in the field of radio electronics. The issuance of funds was suspended due to non-compliance by beneficiaries with the indicators of the state program “Development of the electronic and radio electronics industry”, lack of additional financing and revision of work plans due to the change of minister, writes Vedomosti.

The Ministry of Industry and Commerce has frozen state support programs for the development of electronics

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On the afternoon of May 14, 2024, the formation of a new cabinet of ministers was completed. One in five government ministers is new. The Ministry of Industry and Trade was headed by Anton Alikhanov, who was previously the governor of the Kaliningrad Region.

According to the publication’s interlocutors, he is “concerned about the efficiency of spending funds on IT” and in this he has the support of the new president of the Accounts Chamber, Boris Kovalchuk. Another journalistic source claims that the decision to suspend the granting of subsidies was made even before Alikhanov’s arrival.

Subsidies for projects of the companies MCST, STC “Module”, “Aquarius” and others have been postponed. One of the companies expected to receive up to 1.5 billion rubles this year for a project that will be implemented within a period of up to five years. The agency has postponed the issuance of funds until 2025.

A ministry representative said the financing is being carried out “in accordance with the planned parameters of budget financing.” According to the Ministry of Industry and Commerce, inspections of the application of subsidies are carried out periodically.


Karina Pardaeva

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


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