The Main Directions of Milk Production and its Processing Products Volume Increasing in the Russian Federation

The article presents the current state of milk production in the Russian Federation (RF). The reasons for its decline are identified. In a difficult economic situation, an important role policy of import substitution. The problems of import substitution become even more urgent in connection with the Western sanctions imposed against Russia in connection with the events in Ukraine. In this regard, there has been a decline in food imports from abroad and an increase in the growth rate of food production, oriented to the domestic market. The authors make a valid conclusion that an economically literate policy of import substitution in the agro-industrial complex and other sectors of the economy can become a catalyst for overcoming the technical gap, reviving the investment climate, and increasing its own production of food in necessary quantities in accordance with medical norms of consumption. The main directions of milk production volume increase and its processing products in the Russian Federation are presented. Each direction is considered separately and recommendations for its improvement are given. A new approach of commercial loan allocation for entrepreneurs engaged in milk production and its processing products is proposed.