ABSTRACT
Farmland Bank Program includes the following; Farmland Scale-up Project for strengthening agricultural competitiveness, Farm Household Revival Program Project aiming for revitalization of farm household under bankruptcy crisis due to debt, Trusting Farmland Lease Project and Reserving...
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2015.06.09
60,988
ABSTRACT
The Philippines is basically an agricultural country with about 30 per cent of the total land area of the country cultivated by almost 5 million farmers. However farm area devoted to agriculture has been decreasing due to land conversion. The basic problem is that Filipino...
2015.06.09
4,006
ABSTRACT
Farmland access problems faced by the young generation of farmers have recently become problematic. To address this issue, this study investigates the challenges of traditional land tenure arrangements faced by young farmers and new entrants. Five creative farmland-access public...
The government will nurture 30,000 young farmers by 2027, the agriculture ministry said Wednesday, as part of a long-term plan to increase the proportion of farmers aged under 40 up to 10 percent of the total farmers by 2040, up from 1.2 percent as of 2020.
A monthly subsidy of 1.1 million won ($777) will be provided for three years to 4,000 young farmers seeking permanent settlement in rural areas next year, coupled with 300 million won for government-guaranteed land purchases. An agricultural development investment fund totaling 100 billion won will be established to help them with housing, enhanced living conditions and financing. Artificial intelligence-mediated smart farming will be fostered, as underpinned by hefty investment in research efforts to integrate advanced technologies into industrial efficiency and overall productivity.
These are part of measures unveiled by the Ministry of Agriculture, Food and Rural Affairs on the five-year plan for 2023 to 2027, mapped out to elevate the traditionally labor-intensive industry to a new high-tech sustainable growth driver. The policy assistance was announced shortly after President Yoon Suk-yeol visited smart farms in Sangju, North Gyeongsang Province.
Read more here.