Big Tu leads the team to transfer money to guarantee income for rice growers for a new installment
Date 09 Dec 2021 time 15:12
The Prime Minister led the team to Suphan Buri Giving away money to farmers in the amount of more than 74,000 million baht. BAAC will gradually transfer money directly to farmers’ accounts 9-13 Dec.
Today (9 December 2021) at Suphanburi Agricultural Market Si Prachan District Suphanburi Province General Prayut Chan-o-cha, Prime Minister, presided over the money-delivering activities in accordance with the measures to help rice farmers. Rice Farmers Income Insurance Project and Parallel Measures, Year 2064/22, led by Mr. Arkhom Termpittayapaisith Minister of Finance and Chairman of the Bank for Agriculture and Agricultural Cooperatives (BAAC) and Mr. Thanarat Ngamwalairat, Manager of BAAC, along with executives and representatives from various departments attended. activity
Mr. Thanarat Ngamwalairat, manager of the BAAC revealed that according to the BAAC has been assigned to pay under the 2064/65 rice farmer income insurance scheme according to the credit limit approval framework. Additional budget from the Cabinet on November 30, 2021 and the BAAC Committee on December 3, 2021, amounting to 74,569 million baht, targeting farmers of 4.69 million households. to assist rice farmers to obtain appropriate returns from production It is a hedge against price risk from experiencing loss. and help solve the problem of falling product prices from the global economic situation The spread of the Covid-19 virus and the flood while the market mechanism continues to function normally. by guaranteeing income to farmers who grow 5 types of rice, namely jasmine paddy, 15,000 baht per ton, no more than 14 tons per household, jasmine paddy outside the district, 14,000 baht per ton, no more than 16 tons per household, paddy, 10,000 baht per ton, no more than 30 per household. A ton of Pathum Thani aromatic paddy, 11,000 baht per ton, no more than 25 tons per household, and glutinous paddy, 12,000 baht per ton, no more than 16 tons per household.
The BAAC will transfer money directly to farmers’ accounts according to information received from the Department of Agricultural Extension. and passed the meeting of the Sub-Committee on Supervision and Criteria for the 3rd – 7th period during 9 – 13 December 2021, a total of 3.58 million households. amounting to more than 64,000 million baht for the area of Suphan Buri Province Funds were transferred to farmers in the amount of 51,203 households, with a limit of 1,064 million baht. Farmers can check the results of the transfer via the BAAC A-Mobile application 24 hours a day and there will be a message to alert the money to the account. via LINE Official BAAC Family in case customers apply for BAAC Connect service, including being able to withdraw cash through BAAC’s ATMs nationwide
Mr. Thanarat also said that In order to raise paddy prices, the BAAC has also implemented a parallel measure through a loan program to delay the sale of paddy in the year 2064/22 to provide farmers with working capital during the slowdown of rice sales. There is no need to rush to sell paddy during the time when the production is coming to the market in large numbers and the price is low. The total credit line is over 20 billion baht without interest charged to farmers for a period of 5 months. The target is to absorb 2 million tons of paddy, comprising Hom Mali paddy in 23 provinces, namely 20 provinces in the Northeast and 3 provinces in the North. (Chiang Rai, Chiang Mai, Phayao) Hom Mali rice paddy outside the district 23 provinces. Paddy rice. Pathumthani Paddy 1 and Glutinous Paddy
Paddy properties participating in the project Must be paddy with moisture not more than 15%, impurity not more than 2%, and color not less than 20 grams of stalks, whereas for jasmine rice, red rice grains may not be more than 0.5% (not more than 22 kernels). in 100 grams), the credit limit per ton is as follows: Hom Mali rice in 23 provinces 11,000 baht/ton, Hom Mali rice outside 23 provinces 9,500 baht/ton, non-glutinous rice 5,400 baht/ton, Pathum Thani 1 fragrant rice 7,300 baht/ton, and glutinous rice 8,600 baht/ton. Tons, with loans not exceeding 300,000 baht each, agricultural cooperatives and agricultural cooperatives congregations not exceeding 300 million baht, each farmer group not exceeding 20 million baht, and community enterprises not exceeding 5 million baht, in case of repayment within 5 months. interest In addition, the government also provides assistance for the deposit and preservation of paddy quality at 1,500 baht per ton in the case of farmers collecting their own rice, receiving 1,500 baht per ton in the case of farmers depositing rice with farmers’ institutions. Farmers will receive 500 baht per ton and the Institute will receive 1,000 baht per ton. The contract issuance period is from now until February 28, 2022, in the case of the southern region, from March to July 31, 2022.
and credit to collect rice and create added value by farmers institutions, production year 2064/22, total credit line of 15,000 million baht for agricultural cooperatives Agricultural Cooperatives, Farmers Groups, Community Enterprises and a community rice center that operates a business of collecting rice from member farmers general farmer to improve quality, such as reducing humidity processing of produce to create added value Credit line for agricultural cooperatives Not more than 300 million baht each, farmer groups not more than 20 million baht, and community enterprises not more than 5 million baht, with an interest rate of 4% per year, which is charged by the institution only 1 percent per year, and the rest is borne by the government. instead loan payment period From now until 30 September 2022
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