Pay ‘military fire’ to the ‘floor’ game … Government resumes subsidies for small businesses



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1.5 million won in support of special advisers and freelancers

The process for paying 150,000 won to high school students was also started.

1 million won support for corporate taxis started

The government is reopening the procedure to grant subsidies to the self-employed and owners of small businesses, including workers of a special type (special notices) who suffered damage from the reproliferation of the new coronavirus infection (Corona 19). This includes projects that were classified as pay targets after the Chuseok holidays early on because they needed time to select targets, or were recently added in the National Assembly approval process for an additional budget, so the procedure no surgery before Chuseok. This also applies to cases where payments are made before the holiday season, but no payments are made because the recipient did not request.

According to the Ministry of Strategy and Finance, the Ministry of Employment and Labor, the Ministry of SMEs and Enterprises and the Ministry of Health and Welfare, the government will resume various subsidy payment procedures after the Chuseok holidays.

First, immediately after the Chuseok vacation, the second emergency support payment process for employment stabilization begins. This grant is for new applicants who have not applied for the first grant. It gives a total of 1.5 million won for 3 months to 200,000 people whose income in August, when Crown 19 proliferated again, decreased by more than 25% from the average of last year or from June to July of this year . Applications for support are accepted from the 12th to the 23rd, and 200,000 people will be targeted for the support, considering the revenue decline rate of 50 million won or less annually. The payment term is in November.

The government paid 500,000 won before Chuseok without a separate review to 455,000 people who received 1.5 million won in the first grant.

During this month, the payment procedure of 500,000 won for special job-search aid will also be implemented for young people (unemployed between 18 and 34 years of age looking for work) who have difficulties finding a job. This month, the pay target is for the 140,000 people who participated in this year’s job search program, and applications are expected to be received from 12-24 and paid by the end of next month.

Some of the desired new funding for small business owners who have struggled in business due to increased social distancing will begin the payment process after Chuseok. Small business owners in specially damaged businesses, where it is difficult to confirm sales with administrative information alone (320,000 people operating limit, 150,000 people group ban) are eligible for payment. Payouts of 1 million to 2 million won will begin this month.

A 1 million won commercial announcement for corporate taxi drivers added in the approval process of the 4th Supplemental National Assembly will be announced earlier this month. Private taxi drivers are mainly paid before Chuseok in the form of new funds desired for small business owners. Among corporate taxi drivers, those with low incomes are selected and paid separately. The payment procedure for the 150,000 won to support the care of 1.32 million high school students will be completed on the 8th. As this was an additional project under approval by the National Assembly, the pace of progress was slower. than the preschool and elementary school students who were initially confirmed.

The government plans to finalize the high school student care support payment this week after identifying the number of targets for each school and verifying parent information and account. Children who do not attend school, up to 160,000, will be paid during the month through the application and application process of the Office of Education Support. The payment of the child allowance (200,000 won) to 2.38 million preschool-age children and 2.64 million elementary school students practically ended before Chuseok.

The procedure for emergency livelihood support (1 million won) for households having difficulty living due to loss of income due to unemployment, vacations or suspensions is relatively late. Payments are made in cases where life has become difficult due to a decrease in income due to Corona 19, but cannot be funded by other support programs. In October, online or in-person applications will be accepted to investigate eligibility, and the support fund will be paid beginning in November. A total of 599,000 people were eligible for payment before Chuseok, but did not receive support due to the omission of application procedures.

Small business owners have the most desired new funding with 550,000 people, 9,000 people for emergency job stabilization, 19,000 people for job search support, and 21,000 people for re-challenge in closed stores.
/ Sejong = Reporter Chulmin Yang [email protected]

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