STATE REGULATION IN THE SYSTEM OF AGRICULTURAL PRODUCERS' FINANCING AND CREDITING
The article deals with the conceptual basis for the formation of credit and financial relations in agriculture, the direction of improvement of the legislation regulating relations in the sphere of agriculture. State regulation provides only those functions that are not able to provide the functioning of the market mechanism of self-regulation. While the forms and methods of regulation should correspond to the real state of agriculture and the extent of the impact can vary depending on the level of development of agricultural producers and functional suitability of market institutions credit. The mechanisms of state regulation of agricultural lending focus on education and improving the relationships of parts and elements of this system, and ultimately to the realization of its essential functions, which include: ensuring the sustainability of the system, full coverage of the borrowers, the development of agriculture. The boundaries of the system functioning agricultural lending is limited, due to the high risk of the agricultural sector by the availability of objective characteristics of demand and supply on the market of agricultural credit. The agricultural sector is quite specific to the conditions of market economy unable to provide the mechanisms of functioning of the credit system producers and rural population and, consequently, innovative development of the industry. Analysis of information about the volume of lending to legal entities and individual social entrepreneurs in agriculture, hunting and forestry in Russia as a whole in terms of its Federal districts showed that the volume of lending to legal entities and individual entrepreneurs in agriculture, in General, in Russia in 2014, declined slightly compared with 2010. The analysis of credits indebtedness of legal entities and individual entrepreneurs in agriculture shows that agricultural enterprises have high debt load of the organizations of North Ossetia-Alania in the agrarian economy sector.