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BAAC streamlines 100 billion baht to 4.56 million farmers to spend during the New Year season The income insurance scheme paid another 2.4 million people. December 9: 500 baht per rai, including a loan project Pawn a barn – harvest rice
Mint Ngoenraung, deputy director of the Bank for Agriculture and Agricultural Cooperatives (BAAC), said the bank is accelerating the transfer of funds to aid programs for rice farmers. Production year 63/64 And provide a parallel credit scheme to stabilize rice prices Total amount of more than 100 billion baht for farmers registered with the Department of Agricultural Extension 4.56 million households. You have used the money to spend it to keep up with the New Years season. Soon
It consists of an income insurance plan for rice farmers. In the past, 1.42 million people were paid, which is equivalent to 15 billion baht, and after this, more 2.4 million will be paid to the remaining farmers, the 2-4 quota, the amount of 2 , 04 billion baht in the 9 Bank of Thailand. The rest will try to pay more at the end of this month.
As for the product quality management and development support project, farmers grow 500 baht per rai, no more than 20 rai or no more than 10,000 baht per household. Most recently, the bank paid all farmers on December 5 for 4.56 million, for a total of 2.8 billion baht.
“Currently, the cabinet has approved an extension of the compensation limit for the rice income insurance scheme from 18 billion baht to 45 billion baht. After this, the bank is ready to pay the rice farmers on time. That you estimate that each farmer will receive money from both income insurance programs. And money to support the management of 500 baht per rai, up to 55,000 baht per household “
Mr. Mint said BAAC is also preparing for parallel Loans to care for farmers and stabilize rice prices. Which is expected to start rolling out from December 16 onwards. There will be a project to delay the sale of rice with rice in the amount of 1.5 billion baht with the aim of delaying the sale of 1.5 million tons of rice and will help more than 2 to 500 thousand farmers. Treat the rice for another 1,500 baht per ton, but if it is deposited with farmers’ institutions, you will receive 500 baht per ton.
“The reason why the bank lends the project to delay the sale of rice. Due to the delay in the growing season. After experiencing both drought and flooding, and when harvest time came, heavy rains occurred. Causing the rice to be too moist It will take longer to dry the rice. This makes it more likely that farmers will bring rice to the barn and apply for a delayed loan from BAAC.As for the credit project to collect rice and create value added by the Farmers Institution, the Bank has released another amount of 15 billion baht As of December 4, the total amount exceeds 900 million baht. “
For income insurance for other types of agricultural products, including rubber, oil palm, corn, and livestock. And cassava, the bank will gradually pay the money to agriculture as scheduled. At this time, the amount of insurance for rubber producers. The cabinet approved 9.7 billion baht, while the 5.6 billion baht insurance for oil palm producers is pending consideration.
Regarding the income guarantee for cassava farmers, 9.5 billion baht already started to pay 752 farmers, the amount of 10.19 million baht is the same as for corn, the amount of 1.812 million baht has already paid 1.3900 thousand for agriculture. 637 million baht In addition, the repair plan for the more than 2,000 remaining longan farmers out of a total of 2,020,000, who will receive 50,000 baht of home remedies, will also receive money by the end of the year.
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