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Maternal offer capital to spend on buying cars assembled in Russia

Maternal offer capital to spend on buying cars assembled in Russia

Legislative Assembly of the Rostov region was submitted to the State Duma a bill that authorizes spending funds to the parent capital for the purchase of new cars assembled in Russia, informs a portal “Behind the wheel.of the Russian Federation”.

Now the parent capital can be used to improve housing conditions, education of the child or on the formation of the funded part of labor pension. As reported by ITAR-TASS, Rostov members believe that these measures of state support for families is not enough incentive to increase fertility,as the need for them may be missing”.

So, in their opinion, “more and more families not in need of better housing conditions due to the successful implementation of various forms of state support in solving housing problems (support for young families, servicemen and members of their families, resettlement of citizens from unsafe and dilapidated housing, and others).

The authors of the bill suggest that the use of maternity capital to education of the child and the formation of the funded part of labor pensions for women are pending needs that young families still think little”.

According to the proposal of the Rostov deputies, the parent capital can be used for purchasing a new car, produced in Russia. While gross vehicle weight does not matter. That is, the parent capital actually proposed to Fund the activities of foreign automakers, collecting their products on the territory of the Russian Federation.

Purchased with funds (or part of) the parent capital, the vehicle must be registered in the share ownership of parents and children (including the first, second, third child and subsequent children).

Buying a car instead of education or housing, according to Rostov deputies, will “strengthen the catalytic role of the parent (family) capital and, consequently, to increase the birth rate in the Russian Federation”. It will also be an additional measure of state support of the Russian automotive companies.

Recall that new car sales in Russia have declined steadily. According to forecasts of the company PricewaterhouseCoopers, given the slowdown of the Russian economy, the weakening of the ruble and as a consequence of increasing car prices and the appreciation of auto loans in 2014, the year is expected to reduce sales in the range of 8 to 12%.