Quick check! Additional BAAC transfers or deductions ‘Rice price difference’ checks farm income insurance



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November 19, 2020


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Quick check! Additional BAAC Transfers or Deductions “Rice Price Difference” The first installment of the “Farmer Income Insurance Program” calculation error

Stay tuned (November 19) Projects and measures to help rice farmers, production year 2020/64 Or transfer “Difference of money to guarantee the price of rice” For farmers From the case of some farmers I have a problem with the bank account, such as a bank account that has been closed. Or the account was frozen AND transferred less or more than the actual amount

latest Ms Trisulee Traisoranakul, Deputy Spokesperson for the Prime Minister’s Office or Deputy Government Spokesperson Revealed today, BAAC or clarify the money transfer case under the rice farmers income insurance project, production year 2020/64 The first installment of November 16 is incomplete or exceeds the actual amount. Due to the error of alternating types of rice, the calculations are incorrect. Ready to expedite additional transfers to the full amount on November 18

BAAC clarifies the case of the money transfer under the Rice Growers Income Insurance Project, the first installment of 2020/64 on November 16, is incomplete or exceeds the actual amount. Due to the error of alternating types of rice, the calculations are incorrect. Ready to expedite the transfer to complete the amount on November 18 and clarify the understanding of customers to recover the excess money.
Somkiat Kimawha, deputy director of the Bank of Agriculture and Agricultural Cooperatives (BAAC), revealed that According to the BAAC, compensation for income difference has been transferred under the Rice Farmers Insurance Program for Production Year 2020/64, Cycle 1, Period 1, using information from farmers who are rice producers. registered. With the Department of Agricultural Extension (Organization of Agriculture) with the 1st harvest date to November 8, 2020 directly in the farmer account on November 16, 2020 for 786,380 people, amounting to 8,387.06 million baht. Error in calculating compensation for the change of rice, that is, rice producers who received compensation for the difference of 1,222.36 baht per ton and Pathumthani fragrant rice who received compensation for the difference of 1,066.96 baht per ton, resulting in 409,917 farmers who planted Pathum Thani rice and aromatic rice did not receive the correct amount.

However, BAAC has accelerated the amendment by transferring additional funds to farmers for the full amount within November 18, 2020 and assigning local branches to clarify and understand farmers in case surplus money needs to be recovered. From the rice farmer’s deposit account in Pathum Thani on November 17, 2020, farmers can verify the transfer information through the BAAC A-Mobile app 24 hours a day or at the BAAC. Sat all branches nationwide AND there will be a message to alert the money coming in and going out of the account through LINE Official BAAC Family, if farmers request the BAAC Connect service

The reporter also reported Announcement of the Subcommittee on Supervision and Determination of Central Criteria of Reference to the Insurance Project for Rice Growers Regarding the criteria, conditions and procedures for the implementation of the Income Insurance Program for Rice Growers, Year 2020 / 64, Round 1, dated November 9, 2020, which will be used to make up the difference according to the Project as follows:

Individual rice Humidity not more than 15% compensating the difference in the price of the insurance
Thai Hom Mali Paddy 2,911.17 baht per ton
Hom Mali rice outside the zone 2,137.45 baht per ton
Paddy rice 1,222.36 baht
Pathumthani aromatic rice 1,066.96 baht per ton
Glutinous rice with glutinous rice 2,084.34 baht per ton

Announcement of reference prices every 7 days until the end of the project. In which each rice producer receives the difference
Aromatic rice, Pathum Thani You will receive the difference up to 26,674 baht
Sticky rice will receive the maximum difference of 33,349 baht.
Rice paddy will receive the maximum difference of 36,670 baht
Hom Mali rice outside the area Receive the maximum difference 34,199 baht
And jasmine rice You will receive the difference up to 40,756 baht

In this regard, the income insurance project for rice producers, production year 2020/64, round 1 BAAC or “Bank of Agriculture and Agricultural Cooperatives” last report that The difference was transferred to 786,380 rice farmers on November 16, 2020, in the amount of 8.387 million baht.

160567666359

Click to see Farmer’s Income Insurance. Amount of the price difference https://chongkho.inbaac.com/

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