Miryang-si Secures Additional Funding for Agricultural Disaster Safety Insurance Premium Support Project
Negotiations Completed for Additional City Funding Due to Early Depletion of Project Budget
[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] On the 14th, Miryang City in Gyeongnam announced that it will independently secure additional support project funds for the 'Agricultural Disaster Safety Mutual Aid Premium Support Project' as the project funds were exhausted early.
This project supports a portion of the insurance premium to reduce the economic burden on farmers who subscribe to the Agricultural Safety Insurance.
Recently, the industrial accident type subscription among insurance subscription types has rapidly increased, causing the project funds to be exhausted early. The city plans to secure additional budget so that more farmers can receive benefits stably.
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Mayor Park Il-ho said, "Through this additional securing of project funds, we will spare no effort to prepare for unexpected accidents occurring during farming work, and to help boost farmers' farming motivation and improve agricultural productivity."
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