Written Answers. - Installation Aid Scheme.

Paul McGrath

Question:

216 Mr. McGrath asked the Minister for Agriculture, Food and Rural Development the rate of young farmers installation aid payable by his Department; when this rate became operable; and the reason some payments remain at the old reduced rate. [7425/01]

The new installation aid scheme funded under the national development plan provides for a payment of £7,500 to young trained farmers who were first set up in farming or after 1 January 2000. Qualified farmers set up prior to that date are eligible for a payment of £5,600 under the national scheme of installation aid.