Six billion baht rice subsidy paid to half a million farmers now



BANGKOK: -- More than 500,000 rice farmers across the country have received six billion baht subsidy from the government, according to the Agriculture and Cooperatives Ministry.

Agriculture and Cooperatives Minister Pitipong Phuengboon Na Ayutthaya stated that a total of 3.672 million households of farmer have been registered to receive the rice growing subsidy from the government so far.

The government has already paid the rice subsidy worth totally 6.6 billion baht through the Bank for Agriculture and Agricultural Cooperatives to some 553,000 households since October 20.

He assured that all registered farmers should receive the subsidy by the end of this year.

The Prayut government began paying the rice subsidy of 40 billion baht to farmers on October 12.

The subsidy scheme is aimed to assist farmers with low income to cope with high cost of living.

Under the scheme, each farmer will receive 1,000 baht per rai of farmland as subsidy for growing rice.

The subsidy is capped at 15,000 baht for farmer who owns more than 15 rai of farmland.

Source: http://englishnews.thaipbs.or.th/six-billion-baht-rice-subsidy-paid-half-million-farmers-now


-- Thai PBS 2014-11-18

They are handing it out in cash???????????????

No wonder money gets "lost" in LOS-t.

Yeap, cash is what you get when you go to the BACC to get your subsidy....walk away with cash in hand to buy stuff or deposit it in your bank account...up to you.

They don't. Just a ridicolous publicity stunt (see the "happy farmer").

At least here people have to pick up the money from BAAC (Bank for Agriculture and Agricultural Cooperatives) at the ATM.

As far as I know BAAC opens accounts for farmers free of fees (no sure though).

All newly printed notes,expect to see inflation rise even more ?

regards Worgeordie

Some farmers have been told according to one who posts here they will not get their money till next year for last years crops.

Still a long way to go before all rhe farmers receive their money, but it's slowly getting there ?

There is going to be some great parties in Isaan over the weekend. My guess is that with all this money they will switch the old "lao khao" with Johnnie Walker Black Label - and the money will be gone before New Year.

Have to do this now before the charter kicks in banning all populist policies.

No one around us in Phetchabun has received any of this money yet, and all inquires are answered with a "I don't know when"...

Not exactly a huge amount of money when considered on an individual basis but enough for a good blow out.

This payout is in addition to the rice pledge payout, Junta subsidies on farming costs, and probably not the last of further Junta subsidies to keep farmers happy. The Junta may well come to understand what the PTP understood - the political force of farmers. Buy their loyalty, buy their vote.

What about the non rice farming folks. They work just as hard and did not get a mention. Free money will have to impact people who worked hard to pay their taxes.

Bloke next door got his cash yesterday, and today a vasty combine harvester has turned up to cut his rice.

In previous years, the job has been done by a squad of old biddies with an inexhaustible supply of stamina and laughter. It would take them 3 days; the combine did it in 2 hours.

Progress, I suppose, but a bit sad.

A post and replies to it have been removed. Please don't use the "D" word.

Thanks

No one around us in Phetchabun has received any of this money yet, and all inquires are answered with a "I don't know when"...

But......hope everyone is still happy Bill, in line with El Presidente decree.

Maybe they should do a poll up your way to gauge the level of happiness, rather than community leaders around the Bangkok area?

The subsidy scheme is aimed to assist farmers with low income to cope with high cost of living.

still this will never resolve the problem or give a better life to the farmers.....the price of the rice should be calculated in fonction of the cost to produce it plus a percentage for the farmer.

this year i buy rice 10 baths a kilo,it is not worth producing it.