Ministry of Land, Infrastructure and Transport Secures 86.3 Billion KRW in Supplementary Budget... Support for Routes and Jeonse Bus Drivers
On the 22nd, the Ministry of Land, Infrastructure and Transport announced that 86.3 billion KRW for the ‘COVID-19 Response Special Support for Bus Drivers’ has been included in the supplementary budget. The National Assembly approved the first supplementary budget for 2022 the day before.
Due to the prolonged COVID-19 pandemic, demand for public transportation has decreased, with route buses such as city and express buses experiencing a decline of 10-30%, and charter buses seeing a drop of 40-50%. Accordingly, since bus drivers’ incomes have also decreased, the supplementary budget was prepared to actively support the livelihood stabilization of bus drivers whose incomes have fallen and to ensure stable bus service provision.
Through this supplementary budget, 1 million KRW per person will be provided to route bus drivers (excluding public and semi-public systems) and charter bus drivers, totaling 86.3 billion KRW.
It is planned to support 51,300 route bus drivers with 51.3 billion KRW and 35,000 charter bus drivers with 35 billion KRW.
Additionally, considering the difficulties faced by bus drivers, a plan to provide an additional payment of around 500,000 KRW is being prepared and promoted.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
A Ministry of Land, Infrastructure and Transport official stated, "To support the livelihood stabilization of bus drivers struggling due to COVID-19, we will actively strive to ensure the supplementary budget is executed promptly."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.