The procedure for the payment of subsidies to the underprivileged, such as small business owners, special type workers (special high school), and freelancers who suffered from the third spread of Corona 19, begins this week.
This week, preparation procedures such as business announcements are in progress, and the actual execution will take place next week.
According to the Ministry of Strategy and Finance on the 3rd, the government will announce the support fund for small businesses and the emergency employment stabilization support fund on the 6th.
This is a procedure for officially notifying the public of the details of the third disaster support fund before starting the project in earnest.
The support fund for small business owners is a project that provides support to 2.8 million people in total, with annual sales of less than 400 million won, which were prohibited or restricted from gathering in accordance with the government’s quarantine guidelines and sales decreased last year compared to last year. It gives 3 million won to the prohibition of collective business, 2 million won to the collective limit, and 1 million won to the general industry.
The Emergency Employment Stability Support Fund for Special High Schools and Freelancers is a project that provides 500,000 won (applicants) and 1 million won (new support) to 700,000 special high school and freelancers whose income has decreased due to the prolonged Corona 19.
The government is in a position to first pay the subsidies to those who have previously received subsidies for small business owners and special high schools, and then start new support. Existing applicants are able to execute funds to more people more quickly as the government already has the data.
The emergency employment stabilization support fund for special high school and freelancers will start sending a text message to existing applicants (650,000 people) immediately along with the business announcement on the 6th.
For those who are willing to receive the grant, payment will begin between the 11th and 15th after completing the simple application process online. The government is in a position that it will complete payments to applicants at least before the Lunar New Year holiday.
(Photo = Yonhap News)