We Need to Examine the Reasons for Low Enrollment in Income Stability Insurance

This year, the enrollment rate for the expanded and reorganized Agricultural Income Stabilization Insurance has been low. For sweet potatoes, which transitioned to the main project and were first applied for nationwide this year, the enrollment rate was only 9.2%. For tangerines targeting Jeju and Seogwipo, it was 1.3%, and for spring potatoes sold in four South Chungcheong locations (Seosan, Taean, Buyeo, Hongseong) and four North Gyeongsang locations (Yeocheon, Sangju, Andong, Yeongju), the rate was 17.0%. This was actually expected. The Ministry of Agriculture, Food and Rural Affairs decided to convert the 'Agricultural Income Stabilization Insurance', which had been a pilot project for 10 years, into a main project this year, expanding its budget from 8.1 billion won to 207.8 billion won. Although concerns were raised that it was being hastily pushed forward without sufficient discussion or design to oppose the Democratic Party's grain management law and agricultural product ...