NEED FOR AGRICULTURE MODERNIZATION AS AN IMPORTANT PART OF TRADITIONAL ECONOMY
The article covers the problems hindering agriculture modernization in the Russian Federation. In particular, it discusses the lack of qualified personnel and required innovation support etc. An important role in agricultural sector modernization belongs to the formation of modern infrastructure that involves the construction of roads, housing, opening of schools and cultural institutions in order to attract young people to the village and create decent living standards for them. The paper also emphasizes the fact of insufficient funding of agricultural development in Russia.