snoop1130 Posted August 24, 2021 Share Posted August 24, 2021 BANGKOK (NNT) - Thailand’s National Rice Policy and Administration Committee on Monday approved a budget of Bt89 billion to guarantee the rice price for this year’s crop. Government spokesman Anucha Burapachaisri said the committee estimates the budget will help 4.69 million rice-farming households. The money will be sent to farmers’ accounts by the Bank for Agriculture and Agricultural Cooperatives from October 15th. To be eligible, rice must have less than 15% moisture, while farmers must be registered with the Department of Agricultural Extension from April 1st to October 31st or June 16th, 2021 to February 28th, 2022 for farmers in the South. According to the scheme, Hom Mali rice, grown in the Northeast region, is guaranteed at Bt15,000 per ton, capped at 14 tons per household, while Hom Mali rice grown elsewhere at Bt14,000 per ton, capped at 16 tons. Short-grained rice is guaranteed at Bt10,000 per ton, capped at 30 tons, Pathum Thani rice at Bt11,000 per ton, capped at 25 tons, and sticky rice at Bt12,000 per ton, capped at 16 tons. -- © Copyright NNT 2021-08-24 - Whatever you're going through, the Samaritans are here for you - Follow ASEAN NOW on LINE for breaking COVID-19 updates 1 Link to comment Share on other sites More sharing options...
Popular Post Caldera Posted August 24, 2021 Popular Post Share Posted August 24, 2021 Has Yingluck returned? ???? I seem to remember that members of the current power clique branded such a scheme as "populist"... 7 2 Link to comment Share on other sites More sharing options...
Gottfrid Posted August 24, 2021 Share Posted August 24, 2021 Only 89 billion? Might that mean too many people are in the same business and over producing the same thing? 2 Link to comment Share on other sites More sharing options...
clivebaxter Posted August 24, 2021 Share Posted August 24, 2021 1 hour ago, Caldera said: Has Yingluck returned? ???? I seem to remember that members of the current power clique branded such a scheme as "populist"... Along with Mt T's 30 baht health care 2 Link to comment Share on other sites More sharing options...
farmerjo Posted August 24, 2021 Share Posted August 24, 2021 It's a step in the right direction for growers. No farmers no food. Link to comment Share on other sites More sharing options...
hotchilli Posted August 25, 2021 Share Posted August 25, 2021 12 hours ago, snoop1130 said: Thailand’s National Rice Policy and Administration Committee on Monday approved a budget of Bt89 billion to guarantee the rice price for this year’s crop. Isn't that price fixing? 1 Link to comment Share on other sites More sharing options...
Burma Bill Posted August 25, 2021 Share Posted August 25, 2021 19 hours ago, snoop1130 said: approved a budget of Bt89 billion to guarantee the rice price for this year’s crop. Known as "The Yingluck Scheme" ??????? 1 Link to comment Share on other sites More sharing options...
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