Gangjin County Provides 8.3 Billion Won in Rice Farming Stabilization Funds

Before Lunar New Year for Rice Farmers...
Supporting Farmers' Livelihoods

Gangjin County, South Jeolla Province (Governor Kang Jinwon), announced on the 21st that it will provide 8.3 billion KRW in rice management stabilization funds to farmers before the Lunar New Year holiday, taking into account the reality of farmers struggling with income reduction due to rice market liberalization and rising agricultural material costs.

The county recently completed data verification, including re-investigation of omitted applicants, duplicate applications, and discrepancies in official records, after receiving applications from rice farming households through the fourth quarter of last year.

Exterior view of Gangjin County Office.

The area eligible for this round of rice farming management stabilization funds is 6,608 hectares of rice cultivated for the 2024 harvest. The project budget totals 8.3 billion KRW, including 3.3 billion KRW from the provincial government and 5 billion KRW from the county. The provincial stabilization fund will be paid at a rate of 59 KRW per square meter, with a maximum of 2 hectares per household, totaling 3.3 billion KRW.

The county stabilization fund, provided under the "Gangjin County Agricultural Management Stabilization Fund Support Ordinance," is the largest of its kind in South Jeolla Province, supporting rice farmers with a budget of 5 billion KRW secured from the county's own funds to stabilize their income.

The county's own program targets farmers who reside in Gangjin County and directly cultivate rice or alternative crops in nearby paddies. This year, the payment rate will be 75.5 KRW per square meter, with support available for up to 3 hectares per household.

Governor Kang Jinwon stated, "I hope this management stabilization fund will help rice farming households struggling with various disasters and rising agricultural material costs," adding, "We will continue to develop diverse policies so that Gangjin can lead the future food industry."

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