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November 16, 2020
4,890
Quick Check begins paying Farmer’s Income Insurance today, November 16 BAAC, transferred directly to account.
Wave of people’s interest (November 16) this morning Bank of Agriculture and Agricultural Cooperatives (BAAC) Implemented the 2020/64 Rice Farmers Income Insurance Project, Round 1, to help rice farmers and prevent price risks from experiencing losses. Reduce the cost burden to solve the rice price problem.
BelowBudget limit of 18.096 million baht, the number of farmers who will benefit more than 4.04 million. The insurance coverage includes five types of rice growers, namely jasmine rice, 15,000 baht per ton, no more than 14 tonnes per household, 14,000 baht per tonne of non-local jasmine rice, no more than 16 tonnes per ton and 10,000 baht per ton. More than 30 tons, Pathumthani aromatic rice 11,000 baht per ton, 25 tons per household and sticky rice 12,000 baht per ton.
If farmers grow more than one type of rice, the fee shall not exceed the maximum amount for each type of rice. And when combined it should not exceed the highest established rice rate The reference price and the period for which the compensation claim is exercised. From April 1 to October 31, 2020 (except in the South Region from June 16, 2020 to February 28, 2021), the Subcommittee on Supervision and the Reference of Central Criteria to the Insurance Plan for Rice Growers Se announced the first intermediate reference price on November 9, 2020 to make up the difference depending on the project. The moisture content of each type of rice does not exceed 15%.
Today, November 16, 2020, farmers make up the difference in insurance price, Hom Mali rice per ton 2,911.17 baht per ton, non-local jasmine rice 2,137.45 baht per ton, 1,222.36 baht per ton, rice fragrant Pathumthani, 1,066.96 baht per ton and sticky rice 2,084.34 baht per ton. The ratings are correct, they receive a total of 871,869 people, amounting to 9.298 million baht, then the reference price will be announced every 7 days until the end of the project.
For income insurance payment criteria Farmers must register rice growers in production year 2020/64, Round 1 with the Ministry of Agriculture and Cooperatives. And you must notify the expected harvest date. Use as information on the period in which farmers will be compensated. In which the Department of Agricultural Extension sends registration information of rice producers Classify by harvest season and calculate the yield. Using the total area recorded for each type of rice crop, multiply the average yield per rai to be the yield to be compensated. But it should not exceed the amount specified above
Submit to BAAC for payment information, then BAAC will pay the money directly into the farmer’s account within 3 days from the date of receipt of the average reference price in each round of faculty. Subcommittee Farmers can check the transfer results through the BAAC A-Mobile app 24 hours a day, and there will be a notification message that the money will be credited to the account through the LINE Official BAAC Family if the customer requests the BAAC Connect service.
Click to check https://chongkho.inbaac.com/
