The rubber plantation receives money today. Income insurance is transferred to the account of 9 hundred thousand people, more than 1 billion baht.



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The rubber plantation receives money today. Income insurance is transferred to the account of 9 hundred thousand people, more than 1 billion baht.

Mr. Mint Ngoenraung, Deputy Director of the Bank of Agriculture and Agricultural Cooperatives (BAAC) It revealed that in accordance with the Cabinet Resolution (Cabinet) of November 3, 2020 proposed by the Ministry of Agriculture and Cooperatives. And the BAAC committee resolution of November 26, 2020 approved BAAC to implement the rubber growers income insurance program, phase 2, so that rubber producers can obtain stable income from income insurance. have Help alleviate the problems of falling rubber prices. Due to the recession and the epidemic crisis of COVID-19. And create professional stability 1.83 million target farmers

Rubber plantation area of ​​more than 18.28 million rai, budget budget of 9.717 million baht, with income insurance for each type of production, including raw rubber sheets, good quality, price insurance 60 baht / kg , fresh latex (DRC 100%), insurance price 57 baht / kg and Cup rubber blocks (DRC 50%), insurance, price 23 baht / kg, the income insurance period for 6 months (October 2020 – March 2021), on December 10, 2020, BAAC has started the transfer of income insurance as follows Said more than 1 billion baht to more than nine hundred farmers

Mr. Mint said that for the income insurance payment criteria. Rubber producers must register and report information about the rubber plantation area with the Rubber Authority of Thailand (RAOT), which is a rubber plantation of 7 years or more that has been opened, each individual does not exceed 25 rai. Income Dry rubber yield (DRC 100%) quantity 20 kg / ha / month. And the performance of rubber cup buckets (DRC 50%) of 40kg / rai / month. The Rubber Authority of Thailand will inspect and certify the rights. Along with processing and sent to BAAC to transfer money directly to the farmer’s account.

Wherein the monthly income insurance premium = (rubber income insurance price – reference sales price) X the amount of rubber production according to the rubber extraction area Dividing the income If the owner of the garden is you are taking advantage of, you will receive the difference in the insurance of the total amount. In case of hiring of rubber threading The rubber planter will obtain 60 percent and the extraction will obtain 40 percent of the total income. With the announcement of the average reference price every month AND will be paid From November 2020 to September 2021, farmers can verify the money transfer through the BAAC A-Mobile application 24 hours a day or at all branches of BAAC across the country. And if farmers request the BAAC Connect service, they will receive a notification message via LINE Official BAAC Family when the funds have been credited to their account.



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