Since 2022, the Ministry of Agriculture has implemented rice income insurance, with 2.7 billion NTD paid to 150,000 farmers by 2025. The Ministry announced today that to improve the competitiveness of the rice industry and stabilize farmers' income, the insurance covers natural disasters, diseases, and pests. The insurance is divided into 'Basic' and 'Enhanced' types. In 2026, the basic payout will increase from 20,000 to 25,000 NTD, and enrollment will be simplified.
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- Source: CNA (Central News Agency)
- Category: government_announcement