Yongin City Provides 2.93 Billion Won in Farmer Basic Income Via Regional Currency

[Suwon Ilbo=Reporter Park No-hoon] Yongin City announced on the 4th that it has paid 2.929 billion won in farmer basic income for the first and second quarters to 9,723 farmers in the city.

The farmer basic income is a system that guarantees the right to survival for farmers by distributing 50,000 won per month (150,000 won per quarter) via regional currency to farmers engaged in agricultural production.

The funds must be used within 3 months from the date of payment, and any unused amount is automatically reclaimed if not used within 3 months.

The city received applications from a total of 10,435 people between March 14 and April 15, conducted eligibility reviews in three rounds, and finalized 9,763 people as payment recipients.

Payment recipients are those who have actually resided in Yongin for 3 years or more (cumulative 10 years or more) and have been engaged in agriculture for 1 year or more.

The scope of agriculture includes not only crop cultivation but also livestock farming and forestry.

However, those who illegally received direct payment subsidies, those with non-agricultural comprehensive income of 37 million won or more, and agricultural workers employed in the agricultural sector receiving wage income are excluded from payment recipients.

The city plans to accept additional applications from those who failed to apply during the specified period from the 18th to the 29th of this month.

A city official stated, "We expect that farmer basic income will be helpful to farmers who face difficulties solely relying on agricultural management," and added, "We will continuously discover various policies that can realize the public value of agriculture."