Banks start giving cash handouts to low income-earners

[webfact]

Banks start giving cash handouts to low income-earners

 

 

BANGKOK: -- Three state-owned banks have started giving one-time cash handouts ranging from 1,500-3,000 baht to low income-earners in agriculture and non-farming sectors.

 

Government spokesman Lt-Gen Sansern Kaewkamnerd said over the weekend that he expected the payments to the qualified recipients to be completed before the year-end as New Year’s gift from the government.

 

He disclosed that there are altogether 6,981,000 qualified low income-earners who are eligible to receive the cash handouts to be wired directly into their bank accounts by the three banks, namely Krung Thai, Government Savings and Bank of Agriculture and Agricultural Cooperatives.

 

Those who earn less than 30,000 baht a year will receive 3,000 baht while those earn more than 30,000 baht but not exceeding 100,000 baht will get 1,500 baht. These one-time cash handouts are applicable for those in agricultural and non-agricultural sectors.

 

Full story: http://englishnews.thaipbs.or.th/banks-start-giving-cash-handouts-to-low-income-earners/

 

-- © Copyright Thai PBS 2016-12-12

[Thechook]

So the government is giving cash gifts to the people.  Weren't people screaming corruption and vote buying when it was alleged previous governments did it.  

[optad]

Sounds like election day.

[Somtamnication]

The picture shows a blind person receiving it. If only 6000 people are registered, I can only assume it is geared to disabled people. Nothing wrong with that.

[PatOngo]

In a project to give low-income earners a New Year's gift of cash, the Ministry of Finance said that, of the 8.3 million people who registered for the money, some of them are dead, rich, or not even Thai.

 

This was yesterday. Today the handout begins for 6,981,000 recipients.....I applaud the screeners for their efficiency in checking and eliminating the frauds overnight....well done.

Edited December 11, 2016 by PatOngo

[optad]

They will all turn out for this too. Even Agatha Nguyen Somtam.

 

 6,981,000 @ 2000b is 14 billion. A lot of dosh. 

[Bluespunk]

1 hour ago, Somtamnication said:

The picture shows a blind person receiving it. If only 6000 people are registered, I can only assume it is geared to disabled people. Nothing wrong with that.

It's nearly 7 million who qualify for this payment. 

Edited December 11, 2016 by Bluespunk

[ezzra]

Can I too stand in line to get some of the free money? I, as a pensioner

doesn't earn even 1 baht, even less than the low income people,,,

[thhMan]

Quote

These one-time cash handouts are applicable for those in agricultural and non-agricultural sectors

 

Am I missing something, or is it "everyone" that gets it...

[cooked]

The daughter in law didn't fill the form out correctly so gets nothing, she certainly makes less than ‎฿10 000 a year.

This means she will be getting money from us again.

At least three people in the village that I know of applied and were correctly rejected as they were relatively well off.

[Srikcir]

4 hours ago, webfact said:

Those who earn less than 30,000 baht a year will receive 3,000 baht

They should be getting 3,000 baht per month, not a one-time gratuity. The government really needs a sustainable nonpartisan welfare system but instead it's putting its financial focus on Bangkok infrastructre development that serves the middle income class.

[ratcatcher]

3 hours ago, Somtamnication said:

The picture shows a blind person receiving it. If only 6000 people are registered, I can only assume it is geared to disabled people. Nothing wrong with that.

On the other hand (no pun intended), maybe he is illiterate and he has just left a thumb or fingerprint on the bottom of the form (his mark) and that is possibly why the clerk behind the desk is holding an ink pad.  Waddyathink?   

BTW, that's nearly 7 million registered.

Edited December 12, 2016 by ratcatcher

[dieseldave1951]

3 hours ago, Somtamnication said:

The picture shows a blind person receiving it. If only 6000 people are registered, I can only assume it is geared to disabled people. Nothing wrong with that.

 

Edited December 12, 2016 by dieseldave1951

[taninthai]

This is such bullshit,,what about the real poor people that live in the jungle have no electric ,so never see the news they don't even know these payments are available.....wired to their bank accounts.....joke real poor people don't even have bank accounts.

[tominbkk]

Why are they holding the old guy's hand?

[slapout]

Lots of students in their mid 20's still getting money from parents, are they eligable as they have no job nor a way of making a income. are they eligable to apply?

[Brer Fox]

6 hours ago, optad said:

They will all turn out for this too. Even Agatha Nguyen Somtam.

 

 6,981,000 @ 2000b is 14 billion. A lot of dosh. 

Add another 3.5% to the budget deficit. On top of submarines, tanks and rice subsidies etc.

[elgordo38]

4 hours ago, cooked said:

This means she will be getting money from us again.

I hope she at least cleans your house for the cash donation. Idle hands.

[elgordo38]

Is Helicopter Ben in town?? YL they are starting to make you look like a piker. 

[elgordo38]

8 hours ago, Thechook said:

So the government is giving cash gifts to the people.  Weren't people screaming corruption and vote buying when it was alleged previous governments did it.  

Oh the irony of it all. Call the elections now Mr. Prayuth your a sure winner. Thai's have short attention span. You may  have to top this up again before election time. 

[55Jay]

Better than cooking up some hair brained scheme and paying farmers over the odds for rice. 

 

Cut out the BS and just give them cash.  So much easier.

[DrTuner]

Local laukhao shop will be doing roaring trade for a couple of days. 

[louse1953]

17 hours ago, Somtamnication said:

The picture shows a blind person receiving it. If only 6000 people are registered, I can only assume it is geared to disabled people. Nothing wrong with that.

I rekon your the one that is blind,it's nearly 7 million.I know you misread it but you left yourself wide open on that one,couldn't resist.

[louse1953]

7 hours ago, DrTuner said:

Local laukhao shop will be doing roaring trade for a couple of days. 

Women came around my place tonight to borrow 1000b against this payment.The missus is up for it as well.She had to open a bank acc with the bank to receive it.

[Denim]

Brother in law next door just got his and is all smiles. He is a low income person mostly because he is pretty lazy.

 

Came over for a chat and Lao Khao tonight.

 

' If it hadn't been for Thaksin they never would have given us this ' he beamed.

 

Hard to argue with his logic.

[worgeordie]

" to be wired directly into their bank accounts by the three banks, ", if its the really

poor and destitute they are looking to help, will they have bank accounts ?

I would have thought poor people would be living hand to mouth,especially with

the price of food nowadays.

regards worgeordie

[elgordo38]

9 hours ago, 55Jay said:

Better than cooking up some hair brained scheme and paying farmers over the odds for rice. 

 

Cut out the BS and just give them cash.  So much easier.

Off to the local card game. 

[digibum]

15 hours ago, Srikcir said:

They should be getting 3,000 baht per month, not a one-time gratuity. The government really needs a sustainable nonpartisan welfare system but instead it's putting its financial focus on Bangkok infrastructre development that serves the middle income class.

 

Why?  If you give it to them every month, they'll expect it.  Give it to them as a one time show of your caring about the people and reap the rewards for months or years.  

 

Why is nobody asking why 10% of the total population of the country is earning less than 30,000 baht a year (or under 100,000 baht)?  The percentage is much higher when you filter out small children.  I mean, 30,000 baht a year is an average of 2,500 baht a month.  Who is living on this?  

 

It should be a national disgrace instead of an opportunity for the rich to allow some scraps to fall from their table and then pat themselves on the back for being so jai dee.  

 

 

 

 

[55Jay]

Thai Gov likes the way things are now.  

 

They do carry on with the elderly welfare stipend and subsidized government health care, because once it is put in place, it's near impossible to rescind.  Expanding it and worse, creating yet another large social entitlement group, is a slippery slope to be avoided.  Once you set the precedent, it's just a matter of time before the tears of thanks turn into angry faces demanding more. 

 

It would also threaten to unravel the convenient, cultural expectation that  Thais take care of their own, in particular their aging parents.   Also threatens the subsistence lifestyle model.... the flagship program of certain revered figures above criticism.

 

In broad political terms, working poor farmers up country aren't of the "correct" political persuasion anyway.   The establishment knows it will never win them over and with the elites backed by armed soldiers and tanks, it doesn't really need to.  But, now and then, they'll throw them a few scraps from the trough.