Gyeonggi-do Disaster Basic Income Applied by 4.7 Million People in One Week... 35.7%

[Asia Economy (Suwon) = Reporter Lee Young-gyu] The Gyeonggi-do type disaster basic income has surpassed 4.7 million people online within one week. This corresponds to 35.7% of the total 13.27 million people in Gyeonggi-do.

Gyeonggi-do announced on the 16th that 4,736,748 people applied for the 'disaster basic income' online from the 9th to the 15th of last week.

The application amount, including Gyeonggi-do support funds, city and county support funds (18 locations), and proxy applications, totaled 754.9 billion KRW.

The application rates by city and county were Yongin 44.9%, Hwaseong 44.0%, Gunpo 42.8%, Hanam 42.0%, Gimpo 40.3%, Gwacheon 38.8%, Suwon and Seongnam each 37.1%, etc. Pocheon had the lowest at 18.0%.

This online application, which runs until the end of this month, targets residents who will receive and use the disaster basic income via local currency cards and credit cards.

Residents who find it difficult to use local currency cards and credit cards can receive it via prepaid cards.

The offline prepaid card method will be available from the 20th. Applicants can visit the administrative welfare center in their resident registration address's eup/myeon/dong or the NongHyup branch within their city or county on the designated date according to the number of household members and the last digit of their birth year to apply.

The Gyeonggi-do disaster basic income can be used at businesses with annual sales of less than 1 billion KRW located in the city or county of the resident registration address, similar to existing local currency. About 500,000 businesses in approximately 270 industries in the province qualify.

It cannot be used at large department stores, large marts, corporate supermarkets, entertainment businesses, gambling establishments, or franchise direct management stores. However, it can be used at franchise stores that are not directly managed.

An official from the province explained, "There is misinformation circulating such as 'You cannot spend it all at one store,' 'You must only buy food,' or 'You will be fined if you use it at hair salons or saunas.' In fact, as long as the sales amount and large distribution store restrictions are met, it can be used at virtually all stores where general IC card payments are possible."

Meanwhile, looking at the sectoral payment status of card-type Gyeonggi local currency from January to the end of March this year, general restuarants accounted for 32.8%, supermarkets, convenience stores (franchise stores), and agricultural cooperatives direct stores accounted for 16.4%, etc.

This content was produced with the assistance of AI translation services.