City
Epaper

South Korea to expand grants to young farmers

By IANS | Updated: November 13, 2024 16:45 IST

Seoul, Nov 13 South Korea aimed to expand grants to young farmers as part of efforts to help ...

Open in App

Seoul, Nov 13 South Korea aimed to expand grants to young farmers as part of efforts to help young and beginning farmers settle in the countryside, the agriculture ministry said on Wednesday.

Under a program launched in 2018 that provides a maximum of 1.1 million won ($780) a month per farmer for up to three years, the Ministry of Agriculture, Food and Rural Affairs aimed to lift the number of grant recipients to 5,000 by the end of 2024.

The ministry aimed to raise the number to 23,000 in 2025 in a bid to relieve the difficulties faced by young farmers as a result of income decreases at the start-up stage of farming, reports Xinhua news agency.

Of the grant beneficiaries, the percentage of prospective farmers with no experience in farming practices has been on a steady increase from 42.5 per cent in 2018 to 78.3 per cent in 2024.

Among the recipients, the percentage of those not from agricultural high schools or agricultural universities has also been on the rise from 65.6 per cent to 79.9 per cent in the cited period.

It indicated that young people living in urban areas showed higher interest in farming as a job, the ministry noted.

The percentage of young female farmers in the grant recipients has risen from 17.5 per cent in 2018 to 29.6 per cent in 2024, showing more women interested in becoming farmers.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalSouth Korea: Heat-related death toll rises to 16 amid record long heat wave

InternationalUS can learn from Operation Sindoor success, 'Make in India' initiative: Top urban warfare experts

NationalCongress tried to tarnish BJP’s image: MP BJP on Malegaon verdict

NationalCBI arrests absconding director of private firm accused of financial fraud in Assam

InternationalVietnamese PM calls for completion of 3,000 km of expressways by 2025 end

International Realted Stories

InternationalChina's tally of marriage registrations down in 2024

InternationalIndia-Panama hold delegation-level talks on UN matters: MEA

InternationalTwo Tibetan men jailed for Dalai Lama tribute as China deepens religious repression

InternationalNew Zealand eases restrictions on petroleum exploration, mining

InternationalIndian envoy in Myanmar reviews progress of trilateral highway project