Starting August 28, residents of seven rural areas selected for the rural basic income pilot program will begin receiving payments.
The Ministry of Agriculture, Food and Rural Affairs announced on the 25th that residents of Gurye, Boseong, Hwacheon, Boeun, Jin'an, Muju, and Cheongsong will receive a monthly basic income of 150,000 won in local love gift certificates, following a qualification verification process. However, some counties will supplement the payments with additional local funds, providing 200,000 won per month in Gurye, Boseong, and Cheongsong, and 160,000 won in Boeun.
Existing residents will receive a retroactive payment for July, totaling 300,000 won for two months, while new residents will receive three months' worth of payments after a 90-day residency verification.
As of August 23, the application rate for the basic income among residents of the newly selected seven counties was recorded at 92.7%. By county, Muju had the highest rate at 97.2%, followed by Cheongsong (91.7%), Boseong (89.6%), Gurye (86.9%), Jin'an (85.7%), Boeun (84.1%), and Hwacheon (76.6%).
The ministry is focusing its administrative efforts on encouraging residents who have not yet applied through text messages, promotional materials, and village broadcasts to ensure that eligible residents do not miss the application process. Additionally, residents who have been living in the area since before the selection date will be eligible for retroactive payments even if their applications are submitted late.
The total amount of basic income to be distributed, including the retroactive payment for July, is approximately 56.7 billion won. Payments will begin on August 28 in Gurye, Boseong, Hwacheon, Boeun, and Cheongsong, followed by Jin'an on August 31 and Muju on September 10 (after the transition to the local currency system).
The distributed basic income can be used at designated local merchants within the specified living areas to prevent concentration in specific regions or industries and to stimulate local economies. The general usage period is three months, while residents in rural areas have six months to use the funds.
Kim Jeong-wook, head of the Agricultural Industry Innovation Policy Office at the Ministry of Agriculture, Food and Rural Affairs, stated, "With the high interest from residents, the application and qualification verification processes are proceeding smoothly. We will carefully manage the basic income to enhance the income of rural residents and contribute to revitalizing the local economy."
The Ministry of Agriculture, Food and Rural Affairs announced on the 25th that residents of Gurye, Boseong, Hwacheon, Boeun, Jin'an, Muju, and Cheongsong will receive a monthly basic income of 150,000 won in local love gift certificates, following a qualification verification process. However, some counties will supplement the payments with additional local funds, providing 200,000 won per month in Gurye, Boseong, and Cheongsong, and 160,000 won in Boeun.
Existing residents will receive a retroactive payment for July, totaling 300,000 won for two months, while new residents will receive three months' worth of payments after a 90-day residency verification.
As of August 23, the application rate for the basic income among residents of the newly selected seven counties was recorded at 92.7%. By county, Muju had the highest rate at 97.2%, followed by Cheongsong (91.7%), Boseong (89.6%), Gurye (86.9%), Jin'an (85.7%), Boeun (84.1%), and Hwacheon (76.6%).
The ministry is focusing its administrative efforts on encouraging residents who have not yet applied through text messages, promotional materials, and village broadcasts to ensure that eligible residents do not miss the application process. Additionally, residents who have been living in the area since before the selection date will be eligible for retroactive payments even if their applications are submitted late.
The total amount of basic income to be distributed, including the retroactive payment for July, is approximately 56.7 billion won. Payments will begin on August 28 in Gurye, Boseong, Hwacheon, Boeun, and Cheongsong, followed by Jin'an on August 31 and Muju on September 10 (after the transition to the local currency system).
The distributed basic income can be used at designated local merchants within the specified living areas to prevent concentration in specific regions or industries and to stimulate local economies. The general usage period is three months, while residents in rural areas have six months to use the funds.
Kim Jeong-wook, head of the Agricultural Industry Innovation Policy Office at the Ministry of Agriculture, Food and Rural Affairs, stated, "With the high interest from residents, the application and qualification verification processes are proceeding smoothly. We will carefully manage the basic income to enhance the income of rural residents and contribute to revitalizing the local economy."
* This article has been translated by AI.
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