Jackie Cahill
Question:524. Deputy Jackie Cahill asked the Minister for Agriculture, Food and the Marine the estimated cost of proposals (details supplied) in tabular form. [48413/18]
View answerDáil Éireann Debate, Tuesday - 20 November 2018
524. Deputy Jackie Cahill asked the Minister for Agriculture, Food and the Marine the estimated cost of proposals (details supplied) in tabular form. [48413/18]
View answerThe estimated additional cost to the Exchequer of increasing the grant rate for GPCs 1 to 3, based on 2017 planting figures, is as follows:
GPC |
2017 ha Planted |
Grant rate (N) |
N+2.5% |
N+5% |
N+7.5% |
N+10% |
1 |
48.8 |
€2,740 |
€3,342.80 |
€6,685.60 |
€10,028.40 |
€13,371.20 |
2 |
0 |
€3,705 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
3 |
4,345.48 |
€3,815 |
€414,450.20 |
€828,900.31 |
€1,243,350.47 |
€1,657,800.62 |
The estimated additional cost to the Exchequer of increasing the premium rate for GPCs 1 to 3, based on 2017 planting figures, is as follows:
GPC |
2017 ha Planted |
Premium rate (N) |
N+2.5% |
N+5% |
N+7.5% |
N+10% |
1 |
48.8 |
€185 |
€225.70 |
€451.40 |
€677.10 |
€902.80 |
2 |
0 |
€440 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
3 |
4,345.48 |
€510 |
€55,404.87 |
€110,809.74 |
€166,214.61 |
€221,619.48 |