Paju City Completes Payment of Basic Income for Farmers and Opportunity Income for Farmers and Fishermen... Total 14 Billion KRW

Payment Completed for 16,808 Farmers

Gyeonggi Paju City (Mayor Kim Kyung-il) announced on the 31st that it has completed the payment of the Basic Income for Farmers and Opportunity Income for Farmers and Fishermen for the second half of this year. The support scale amounted to approximately 9.2 billion KRW for the Basic Income for Farmers and about 4.8 billion KRW for the Opportunity Income for Farmers and Fishermen, totaling 14 billion KRW, which has been paid to 16,808 local farmers.

Paju City Hall exterior. Provided by Paju City

The Basic Income for Farmers is a project that provides a certain amount of support to guarantee the survival rights of farmers and to socially compensate for the public production activities of agriculture and rural areas. This year, it was paid twice, in June and December, with 300,000 KRW each time in local currency, benefiting a total of 15,740 people.

The Opportunity Income for Farmers and Fishermen is a policy that supports 150,000 KRW monthly to reward the social value creation of farmers and fishermen and to overcome the extinction crisis of farming and fishing villages. It was first implemented in October this year, and the fourth quarter payment was made to 1,068 people.

From next year, the Basic Income for Farmers and Opportunity Income for Farmers and Fishermen will be integrated and supported, and only farmers and fishermen registered as agricultural management entities will be eligible for the Opportunity Income. However, only those who meet requirements such as residence area, residence period, farming period, and income conditions will receive the Opportunity Income for Farmers and Fishermen.

Jang Heung-jung, Director of the Agricultural Technology Center, said, “We hope that this Basic Income for Farmers and Opportunity Income for Farmers and Fishermen will help supplement the income of local farmers and also contribute to revitalizing the local economy.”

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