Gyeongsangnam-do to Distribute 222.8 Billion KRW in Basic Public Interest Direct Payments

The amount of direct payment last year was 117.9 billion won, approximately doubled in scale

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] Gyeongsangnam-do announced on the 3rd that it will sequentially pay 222.8 billion KRW in Basic Public Interest Direct Payments to farmers starting in December.

The Basic Public Interest Direct Payment is a subsidy that supports the enhancement of the public functions of agricultural activities such as environmental conservation, maintenance of rural communities, and food safety through farmers' activities, and has been implemented since May 1 of this year.

The Basic Public Interest Direct Payment is divided into 'Small-scale Farmer Direct Payment' and 'Area-based Direct Payment'.

The 'Small-scale Farmer Direct Payment' provides 1.2 million KRW annually to farms that meet certain payment requirements such as a cultivation area of 0.1 to 0.5 hectares or less and a rural residence period of 3 years.

The 'Area-based Direct Payment' is paid by applying a payment rate of 1 million to 2.05 million KRW per hectare according to the application area range.

To receive the Public Interest Direct Payment, farmers must comply with 17 mandatory activities across five areas: environmental protection, ecological conservation, community revitalization, food safety, and institutional foundation. If compliance requirements such as maintaining farmland shape and appropriate use of chemical fertilizers are not met, payments will be made at a reduced amount.

Jung Jaemin, Director of the Agricultural Policy Bureau of Gyeongnam Province, said, "We hope this will help farms that have struggled due to the novel coronavirus disease (COVID-19) and various recurring disasters."

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