Sacheon-si Supports Farmers by Easing Management Costs... Promotes Tax-Exempt Fuel Purchase Subsidy Program

Sacheon City Hall, Gyeongnam.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Sacheon City, Gyeongnam Province, is promoting the ‘Agricultural Duty-Free Fuel Purchase Support Project’ to alleviate the financial burden on farmers struggling due to rising international oil prices.

This project was prepared to reduce the economic burden on local farmers who are expected to face difficulties due to the use of large agricultural machinery during the harvest season and increased heating demand in winter for facility horticulture farms.

Starting next month, the city plans to support approximately 3.4 million liters of duty-free agricultural fuel to 5,000 farms in the area with a project budget of 630 million KRW (189 million KRW from provincial funds and 441 million KRW from city funds).

Eligible farms will receive support for 50% of the actual duty-free fuel (gasoline, diesel, kerosene, heavy oil, LPG, by-product fuels No. 1 and No. 2) used over 10 months from March to December this year.

The support price is 185 KRW per liter regardless of fuel type, with a maximum support amount of up to 1.35 million KRW per farm.

The support range covers actual usage between 42 liters and 14,600 liters; if usage exceeds this, it is allocated as 73,000 liters, and if below, the farm is excluded from support.

Eligible applicants are farmers or agricultural corporations residing in Sacheon City who have been issued an agricultural duty-free fuel purchase card, and applications must be submitted to the administrative welfare center of their local eup, myeon, or dong by the 30th of this month.

If the holder of the duty-free fuel purchase card has passed away, farmers who have succeeded the agricultural operations may also apply.

A city official stated, “This will help to some extent to ease the management burden on farmers who have been increasingly struggling due to rising fuel costs from international oil price hikes and recent increases in agricultural material prices,” and added, “We ask for active participation from farmers to ensure no applications are missed.”

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