Check “farmer income insurance money”, the difference “rice price insurance” for the 16th installment

After the government approved the project “Farmer Income Insurance” Rice growers, year 2064/65, 1st round, pay the difference “Rice price insurance” dated 4 Nov 2021 from Bank for Agriculture and Agricultural Cooperatives or “BAAC” which is a remedy already helping the villagers

“Bangkok Business Online” have reported progress Farmers Income Insurance Scheme Payment “Farmer Income Insurance” continually

On 26 Jan. 20, Mr. Kab Ngoen Ruang, Deputy Manager, Bank for Agriculture and Agricultural Cooperatives (BAAC) revealed that BAAChave made the money transfer accordinglyRice Farmers Income Insurance Project Year 2064/65 directly into the farmer’s account inInstallments 1-14 (more) ready15th installment amount 154.63 million baht, number of farmers 15,631 households

latest Department of Internal Trade Revealed that the Subcommittee on Oversight and Criteria ReferenceRice Farmers Income Insurance ProgramThere was a resolution in the meeting No. 4/2022 held on January 28, 2022 to approve the setting of the reference benchmark price and the compensation of the difference. “Rice price insurance” for rice farmers year 2064/65 Round 1 (16th installment) as follows:

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Article 1. The benchmark price of the reference date of January 28, 2022 to compensate for the difference. “Rice price insurance” for farmers registered to grow rice farmers, production year 2064/65, Round 1 (16th installment ) to farmers who have registered rice growers for the year 2064/65, specifying the date Expected to be harvested before January 21-27, 2022 for various types of paddy at a moisture content of not more than 15% as follows:

• jasmine rice end of the harvest season
• Hom Mali Paddy, outside the area, 11,277.37 baht per ton
• Pathum Thani fragrant rice, 10,302.60 baht per ton.
• Paddy rice, 8,545.50 baht per ton
• Glutinous paddy rice 10,375.77 baht per ton

Article 2. Compensation for the difference between the prices “Farmer Income Insurance” with reference price There are different ratios that banks for agriculture and agricultural cooperatives use to pay rice farmers. for paying 16th installment on January 28, 2022 as follows:

• jasmine rice end of the harvest season
• Hom Mali Paddy, outside the area, 2,722.63 baht per ton
• Pathum Thani fragrant rice, 697.40 baht per ton.
• Paddy rice, 1,454.50 baht per ton
• Glutinous paddy rice 1,624.23 baht per ton

Check the process status-money check channel as follows

1. Enter the website (click) 24 hours a day
2. Enter your personal identification number to checkfarmer money Checking farmers’ money in 2021 or not, can know the results immediately. After filling in the ID card number It will include account details, amount and scheme of the grant received.
3. Check the information in the application. BAAC A-Mobile After checking on the website successfully. If there is information that the money has been transferred You can check your balance yourself through the BAAC A-Mobile application from the Bank for Agriculture and Agricultural Cooperatives. Taking care of rice farmers covering more than 4.68 million people byincome insuranceFor farmers who registered rice growers for the year 2064/65 (Round 1) with the Ministry of Agriculture and Cooperatives where rice is planted between April 1 – October 31, 2021, except the southern region, during June 16, 2021 – February 28, 2022.

Source: Department of Internal Trade