The Russian government will send to the light industry 1.47 billion rubles

The Russian government in January approved a program of support for light industry in 2016.
According to the decree, the amount of funding will be 1.47 billion rubles.
The program includes measures aimed at technological modernization of the industry.
The document states that for light industry will develop a simplified version of getting loans, including for the implementation of import substitution projects. Extend the application of the prohibition on the admission of light industry goods imported from abroad, purchased for federal needs. The program involves the development of measures to promote domestic production of light.
It is expected that these measures will stimulate demand for domestic products and increase the volume of its production, according to TASS.