South Korea: Gyeongbuk blueberry, watermelon, ginger and sesame were new items selected for insurance

Published 2023년 7월 9일

Tridge summary

The Ministry of Agriculture, Food, and Rural Affairs in North Gyeongsang Province has announced the selection of four new crop accident insurance items, including blueberries, watermelons, ginger, and sesame seeds. This allows farmers growing these crops to sign up for insurance coverage. The province plans to increase the total number of crops covered by insurance from 52 to 56 by 2025, and also expand the membership area for walnut growers. The insurance aims to support stable farm management and alleviate the anxiety caused by natural disasters.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Andong = Yonhap News) Reporter Lee Seung-hyeong = In the announcement of the Ministry of Agriculture, Food and Rural Affairs’’Selection of New Crop Accident Insurance Items’, four types of blueberries, watermelons, ginger, and sesame seeds were selected in the province, so that farmers who grow those items can sign up for insurance. It was announced on the 9th that there was. The province applied for 6 items as newly introduced items through a city-gun demand survey, and 4 items were designated this time. As a result, the number of items that can be covered by crop accident insurance in the province will increase from the current 52 to 56 by 2025. In addition, Walnut will expand its membership area from Gimcheon to Mungyeong, Uiseong, and Bonghwa from 2024. Crop disaster insurance is a policy insurance introduced in 2001 to support stable management and stable reproduction activities by relieving farm household management anxiety caused by natural disasters. The province has been ...
Source: Yna

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