30,000 Young Farmers will be Nurtured to Drive Agricultural Innovation and Foster Agriculture as a Future Industry
Public Relations Division
2022.10.05
168
□ On October 5, MAFRA announced the "First Basic Plan to Nurture Successor·Young Farmers (2023~2027)." ⭘ The Plan introduces 4 strategies backed by strong policy support, whose impacts can be actually felt by recipients based on the needs on the field, to nurture 30,000 young farmers by 2027
Support for "more" young and successor farmers ➊ Expand·reform the stable agricultural and rural settlement support project for young farmers ➋ Provide tax benefits to select more successor farm holders and promote farm succession
Support for "easier" access to farmland and fund ➊ Expand provision of farmland and adopt various ways to provide farmland ➋ Improve loan conditions (period of repayment, interest rates) and establish investment fund directly funded by the government
Support for "growth" as "professional farmers" ➊ Provide customized·on-the-job training per each stage of growth ➋ Diversify income sources through convergence·integration, along with the support in connection with R&D
Establish "pleasant and attractive" rural communities ➊ Expand housing·childcare services in rural areas ➋ Establish communities of young farmers in a voluntary manner and support activities contributing to local communities
□ MAFRA will address the imbalance of agricultural labor structure, currently dominated by aged farmers, and will attract young farmers with creativity and potential for innovation through this Plan.
⭘ The percentage of young farmers among the total farm holders is expected to go up from 1.2% in 2020 to 10% in 2040.