Gyeongju City, 26.6 Billion KRW 'Public Direct Payment' to 16,642 Farms... Reorganized Starting This Year

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] Gyeongju City, Gyeongbuk Province, announced on the 24th that it has been paying 26.6 billion KRW in the Basic Public Interest Direct Payment, which has been reorganized and implemented from this year, since the 23rd.

The total number of recipients for the Basic Public Interest Direct Payment is 16,642 people, covering an area of 12,362 hectares. This is an increase of about 14.7 billion KRW compared to last year. The small-scale direct payment, which will be paid per farm unit, amounts to 7.6 billion KRW for 6,388 people, while the area-based direct payment for farmers and others is 19 billion KRW for 10,254 people.

The Basic Public Interest Direct Payment, paid to farmers (including corporations) who have registered agricultural management information, is a system integrated and reorganized from the existing rice, field crop fixed, and disadvantaged condition direct payment schemes. Eligible farms that meet conditions such as a cultivation scale of 0.5 hectares or less receive a small-scale direct payment of 1.2 million KRW annually regardless of area. Other farmers (corporations) receive area-based direct payments ranging from 1 million to 2.05 million KRW depending on the management area (0.1 to 30 hectares or less).

Kim Young-jo, Director of Agricultural Policy Division, said, "We hope that by providing the Public Interest Direct Payment to farms struggling due to consecutive natural disasters such as COVID-19 this year, it will offer practical assistance."

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