BAAC ready to transfer money to reduce costs and increase rice efficiency 1000 baht per rai to farmers

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12 December 2021

Thairath online

Dec 12 2021 19:30

BAAC Ready to transfer money, reduce production costs and increase the efficiency of rice production to 1000 baht per rai, no more than 20 rai from December 13 to 17, farmers benefiting more than 4 , 45 million households.

On December 12, 2021, Mr. Kab Ngoen Ruang, deputy director of the Bank for Agriculture and Agricultural Cooperatives (BAAC) revealed that according to BAAC has been tasked with taking action to help farmers. which was approved for an additional budget limit by the Cabinet on November 30, 2021 and the BAAC Board of Directors approved the framework on December 3, 2021

As part of the project to support the cost of management and develop the quality of rice producers The year of production 2064/65 is another measure. help and alleviate the sufferings of farmers from the burden of higher production costs as well as incentivize farmers to maintain good quality rice in order to have the opportunity to sell rice at a higher price and earn more

by government sponsored money Farmers registered as rice growers Year of production 2064/65 Round 1 with Agricultural Extension Department Ministry of Agriculture and Cooperatives at the rate of 1000 baht per rai, a maximum of 20 rai or not more than 20,000 baht per household. Budget amount of 53,871.84 million baht, targeting farmers in 4.69 million households. which will start transferring money directly to farmers’ accounts Between December 13 and 17, 2021, for the Northeast and North which is a large group, will start transferring money from December 14 to 17, 2021 , farmers receiving money in the amount of 4,452,805 households, amounting to 51,988 million baht.

However, farmers can check the results of money transfers through the BAAC A-Mobile app around the clock and a message will alert the money in the account through LINE Official BAAC Family in case customers request the BAAC Connect service. . Including the ability to withdraw money through BAAC ATMs across the country.

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