Encouraging the use of water-saving technologies

The article examines the economic tools to support the use of water-saving technologies. The purpose of the study is to develop scientifically based proposals and practical recommendations for improving the state system of economic support for the use of water-saving technologies in agriculture. It has been substantiated that the implementation of water-saving technologies on a leasing basis, for example, of economic benefits and various preferences, can significantly reduce budgetary allocations for financing the introduction of drip irrigation technology. Calculations have shown that the provision of drip irrigation technology in leasing and the establishment of a lease payment rate not exceeding 50% of the Central Bank refinancing rate, an advance payment not exceeding 15-20% with a maturity of up to 5 years, will save agricultural producers up to 12-15 % of funds in comparison with a commercial loan, and will reduce the collateral amount by 55-60%.