South Korea: Goheung-gun provides KRW 3.6 billion in recovery expenses to farms affected by cold waves

Published 2021년 5월 24일

Tridge summary

Goheung-gun, Jeollanam-do, has announced financial support for farmers affected by a cold wave in January. The support will be provided to 2,392 farms that suffered damage to crops such as citron, bluetail, Chinese cabbage, tangerine, and loquat. The local government will pay 3.6 billion won to farms with over 50% damage, and provide loan support with interest reduction and repayment delays for those with a damage rate of 30% or more. Additionally, the government plans to develop new crop varieties and prepare facilities to prevent future damage from the East Sea.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Goheung = Yonhap News) Reporter Hyung Min-woo = Goheung-gun, Jeollanam-do, announced on the 24th that it will provide damage recovery expenses to Yuzawa blue-tailed farmhouses who suffered damage from the cold wave that occurred in January. In Goheung, 794ha of 23 items, including 717ha of citron, 25ha of bluetail, 22ha of Chinese cabbage, 6ha of tangerine, and 3ha of loquat, were damaged by the cold wave that occurred on January 5-10. Goheung-gun decided to provide damage support to 2,392 farms by conducting a detailed investigation for damage to crops for four months. For each farm that has suffered more than 50% of damage, it plans to pay 3.6 billion won in total, including 1.3 billion won in living support expenses. Among the farmers who received the agricultural and livestock management fund, it was decided to provide loan support for those with a damage rate of 30% or more, and to support interest reduction and repayment delays, and to those who need the management fund for ...
Source: Yna

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