Hwachun County in Gangwon Province is seeing significant interest from residents as it approaches the first payment of its rural basic income program, with an application rate of 72.82%. Since being selected as a pilot area, the population has increased by 438 residents in just over 50 days, indicating the policy's positive impact.
As of July 30, Hwachun County reported that 16,247 residents had applied for the rural basic income since applications opened on July 13.
The population growth is notable. When Hwachun was designated as a pilot area on June 11, the registered population was 22,312. By July 29, that number had risen to 22,750, reflecting an increase of 438 residents. The county believes that the upcoming basic income implementation is attracting new residents, as inquiries about rural living and returning to farming have also risen.
Eligible applicants are residents who have lived in Hwachun for at least 30 days. Applications can be submitted online via a smartphone app or in person at local agricultural cooperatives and credit unions. Minors, residents with mobility issues, and those without smartphones can obtain prepaid cards at administrative centers.
The basic income will be distributed as Hwachun Love gift certificates worth 150,000 won each month. Residents of Hwachun can use these at all participating local businesses, while those in rural areas can use them at designated stores, with a monthly limit of 50,000 won at gas stations, convenience stores, and rural markets. The certificates must be used within 90 days for Hwachun residents and 180 days for rural residents, or the unused balance will expire.
Starting at the end of August, Hwachun County expects that over 110 million won in gift certificates will circulate daily, providing a boost to local businesses and stimulating the economy.
Residents have responded positively to the program. One resident stated, “I feel good knowing money is coming in,” adding that it would significantly help with living and dining expenses. Another remarked, “It seems like I will have more leisure for hobbies,” noting that the amount is substantial for Hwachun and will invigorate the local economy.
This rural basic income initiative is a key policy of Hwachun County's 9th elected administration, led by County Mayor Kim Se-hoon, who has prioritized income-focused governance. With high application rates, population growth, and increased consumer expectations, the initial effects of the policy are becoming evident. The actual increase in consumption and sales for small businesses will be crucial indicators of the program's success moving forward.
Mayor Kim Se-hoon stated, “We are enhancing our outreach to ensure all residents receive the rural basic income. We aim to create a virtuous cycle of income growth and increased local consumption to strengthen the regional economy.”
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.