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Open the correct verification method for the “rubber price insurance” Phase 2, countdown, receive the first installment tomorrow, pay immediately through the BAAC account for those who register before August 12, 2019
On December 8, 2020, the Cabinet (Cabinet) passed a resolution to review Income Insurance Program for Rubber Producers (Rubber Price Insurance) Phase 2 As proposed by the Ministry of Agriculture and Cooperatives For rubber pots with pink cards (Farmers who grow rubber on land that are not licensed) also get the difference this time.
The first payment will be paid on December 11, 2020, where rubber producers can verify their eligibility using the following methods.
Check eligibility “Price safe for rubber”
Rubber producers can easily verify farmers’ income insurance program eligibility as follows:
- Visit the website www.rubber.co.th Click here
- Click Select Category “Natural person”
- Click Select Project “Check income insurance for Phase 2”
- Enter the 13-digit identification number.
- Press the button “Check the information”
However, if you have questions or cannot find the registration information For further inquiries, please contact the Rubber Authority of Thailand (RAOT), the head office, RAOT provinces and RAOT branches across the country.
The first transfer begins on December 11.
Mr. Nakorn Lakwirapat, Governor of Thailand Rubber Said the Cabinet meeting approved improving Income Insurance Program for Rubber Growers, Phase 2 As proposed by RAOT, that is, paying the difference to rubber producers even if they have a green card (Farmers who grow rubber in the licensed area) and pink card (Farmers who grow rubber on lands that are not licensed) have the effect of paying the difference to rubber producers immediately.
RAOT has coordinated with the Bank of Agriculture and Agricultural Cooperatives (BAAC) to be able to pay the difference in income guarantee to the farmer’s account within the first period within the date. December 11, 2020 After the cabinet has agreed
Payment will be paid directly through the BAAC account, the rubber plantation owner and the rubber extractor who has been participating in the Phase 1 project are fully qualified. Registered before August 12, 2019
Regarding rubber planters who have registered an additional registration since August 13, 2019, but no later than May 15, 2020, RAOT has examined and submitted information on the payment of the income guarantee difference under the project to BAAC. To pay the rubber producers in the next round
“For farmers who are eligible to participate in Phase 2 of the Income Insurance Program for Rubber Producers, there are a total of 1,834,087 farmers, divided into 1,142,294 registered rubber producers in RAOT. RAOT 419,060 cases and 272,733 people of rubber extraction registered in RAOT “ Said the governor of RAOT
The payment of the difference for the first period of the first phase of the rubber producers’ income insurance program for October 2020 will be used to determine the reference price of rubber during the last 60 days, that is, from 25 September to November 23, 2020.
- Average price of raw rubber sheet It is 62.62 baht per kg Not compensated for the difference
- Fresh latex price It is 52.86 baht per kg, offset 4.14 baht per kg
- Rubber cup cubes price (DRC 50%) It is 19.09 baht per kilogram, the compensation is 3.19 baht per kilogram.
The first installment payment figure for October 2020 will be paid to rubber producers in the first installment of 968,468, representing one area. 10,154,813,613 rai, amounting to 1,249,672 million baht, and as of November 2020, it will be used to establish the reference price of rubber during the last 30 days and pay money in the account to rubber producers once a month for the 6 installments complete according to the project.
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