Jeonbuk Province to Distribute 'Farmer and Fisherman Public Interest Allowance' Before Chuseok
[Jeonju=Asia Economy Honam Reporting Headquarters Reporter Kim Han-ho] Jeollabuk-do announced on the 30th that it plans to complete the payment of the public interest allowance for farmers and fishermen, providing 600,000 won each to farming and fishing households in the province, by Chuseok.
The public interest allowance for farmers and fishermen to be paid this time amounts to about 117,000 farming and fishing households, totaling 70.6 billion won.
Jeonbuk Province plans to continue, as it did last year, to pay the public interest allowance for farmers and fishermen in all 14 cities and counties in the province using local currency, ensuring that the 70.6 billion won does not flow outside but is used within the region. This will help local small business owners and create a virtuous cycle regional economic structure that revitalizes the local economy.
The Jeonbuk public interest allowance for farmers and fishermen, first introduced by a metropolitan local government, paid about 64.3 billion won in local currency to 107,000 farming households in its first year of implementation in 2020.
In particular, it is not just a simple allowance payment but also contributes to creating livable farming and fishing villages and preserving the rural environment by imposing conditions such as compliance with proper use of chemical fertilizers and pesticides and participation in rural community activities.
Hot Picks Today
"Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- 'Still Hesitant? If You're Wondering Whether KOSPI Will Rise, This Is the Number You Must Watch [Weekend Money]'
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- Samsung Life Stock Depends More on Samsung Electronics Than Insurance? [Weekend Money]
- Is It Really Like an Illness? "I Can't Wait to Go Again"—Over 1 Million Visited in Q1, Now 'Busanbyeong' Takes Hold [K-Holic]
Jeonju=Honam Reporting Headquarters Reporter Kim Han-ho stonepeak@asiae.co.kr
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.