In this article, modernization is presented as multilateral process of technical, technological and socio-economic improvement of\ud agriculture. Its features, opportunities and restrictions in the conditions of the North and the Arctic are revealed. On the example of the\ud Komi Republic, it is shown that modernization of an agrarian sector is necessary for view of its social functions.\ud The condition of agriculture of the republic in 1960-1980 and the conditions of market transformations since 1990 is considered.\ud Achievements and shortcomings of collective forms of the agrarian economy and negative influence on rural life of their destruction are\ud reflected. Sharp reduction of investments, state support reduction, increased disparity of the prices of material resources and agrarian\ud production brought agrarian sector of the economy of peripheral areas of the republic into a condition of a semi-subsistence economy.\ud Revival of the northern village is connected in the beginning with production of environmentally friendly production of the increased\ud demand, and suburban settlements — with construction of livestock complexes on a new technological basis. Positive changes in\ud agriculture modernization in connection with the implementation of the priority national project «Agrarian and industrial complex\ud development» are shown. The main directions of modernization of the agricultural sector and the rural periphery of the Arctic subregion\ud of the Komi Republic are offered
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