It's started! BAAC transfers money in 6 installments to the "Rice Income Assurance Project" of more than 4.5 billion baht.

Mr. Kasap Ngernruang, Deputy Manager of the Bank for Agriculture and Agricultural Cooperatives (BAAC), revealed that The government is concerned about farmers all over the country. and provide policy BAAC rushes to help farmers in accordance with the Cabinet resolution on November 15, 2565 and the BAAC Committee resolution on November 21, 2565, approving the BAAC to carry out assistance measures and Raise the income level of rice farmers To enhance liquidity in spending and develop production potential with a total amount of 81,265 million baht, with 4.68 million farmer households benefiting. The project implementation period is from now until 30 September 2566, with payments starting from 24 November 2565, consisting of:

1. Income insurance project for rice growers, production year 2565/66, to prevent price risk and avoid experiencing losses. Reduce the burden of expenses in solving the problem of falling production prices due to the economic slowdown and natural disasters. By guaranteeing income for farmers who grow 5 types of rice:

– Jasmine rice, 15,000 baht per ton, not more than 14 tons per household.

– Jasmine rice outside the area: 14,000 baht per ton, not more than 16 tons per household.

– Rice paddy: 10,000 baht per ton, not more than 30 tons per household.

– Pathum Thani fragrant rice, 11,000 baht per ton, per household, not more than 25 tons.

– Sticky rice, 12,000 baht per ton, not more than 16 tons per household.

According to the announcement of the Subcommittee for Supervision and Determination of Central Criteria for the Income Assurance Project for Rice Growers on November 21, 2565, BAAC will transfer money directly into farmers' accounts according to information received from the Department of Agricultural Extension. Which passed the meeting of the Subcommittee on Supervision and Central Reference Criteria, installments 1-6 for farmers who notify the harvest date before 15 October 2565 to 18 November 2565, a total of 1.68 million households, amount of 4,516.88 million baht, details as follows.

Installment 1: Harvest before 15 October 2565.

Installment 2 Harvest 15 – 21 October 2565

Installment 3 Harvest 22 – 28 October 2565

Installment 4 Harvest 29 October – 4 November 2565

Installment 5 Harvest 5 – 11 November 2565

Installment 6 Harvest 12 – 18 November 2565

All 6 installments will be transferred simultaneously nationwide on November 24, 2565.

2. Project to pay assistance to farmers for management fees and to develop the quality of rice farmers' produce for the 2565/66 production year (1,000 baht per rai project) to alleviate suffering for farmers. Reduce production costs and build morale in increasing rice production efficiency and motivating farmers to maintain good quality rice To increase the opportunity to sell rice at a high price and earn more income.

By supporting money for farmers who register as rice growers with the Department of Agricultural Extension. Ministry of Agriculture and Cooperatives, production year 2565/66, at the rate of 1,000 baht per rai, up to a maximum of 20 rai or not more than 20,000 baht per household. Total payments throughout the country total 4.295 million households, amounting to 50,617.045 million baht, ready to pay according to the money transfer plan to reach farmers as follows.

24 Nov. 2565, transferring a total of 804,017 households, amounting to 10,015.485 million baht, in the areas of Nakhon Sawan, Phetchabun, Phichit, Phitsanulok, Sukhothai, Kamphaeng Phet, Uttaradit, Uthai Thani, Tak, Chiang Mai, Chiang Rai, Phayao, Mae Hong Son and Lamphun provinces.

25 Nov. 2565, transferring a total of 985,871 households, amounting to 10,841.001 million baht, in the areas of Lampang, Nan, Phrae, Udon Thani, Roi Et, Maha Sarakham and Ubon Ratchathani provinces.

26 Nov. 2565 transferred a total of 978,459 households, amounting to 11,036.883 million baht, in the areas of Khon Kaen, Sakon Nakhon, Nakhon Phanom, Kalasin, Nakhon Ratchasima and Yasothon provinces.

27 Nov. 2565, transferring a total of 980,489 households, amounting to 11,369.183 million baht, in the areas of Nong Bua Lamphu, Nong Khai, Mukdahan, Bueng Kan, Sisaket, Surin, Buriram and Chaiyaphum provinces.

28 Nov. 2565, total transfer of 546,458 households, amount of 7,354.491 million baht, in the areas of Amnat Charoen Province, Chainat, Nonthaburi, Pathum Thani, Phra Nakhon Si Ayutthaya, Lopburi, Saraburi, Singburi, Ang Thong, Chanthaburi, Chachoengsao, Chonburi, Trat, Nakhon Nayok, Prachinburi, Rayong, Samut Prakan, Sa Kaeo, Kanchanaburi. Buri, Nakhon Pathom, Prachuap Khiri Khan, Phetchaburi, Ratchaburi, Samut Songkhram, Samut Sakhon, Suphan Buri, Krabi, Chumphon, Phang Nga, Phuket, Ranong, Surat Thani Trang, Nakhon Si Thammarat, Narathiwat, Pattani, Phatthalung, Yala, Songkhla, Satun, Bangkok, and Loei Province.

Both projects are ready to transfer the first installment on November 2, 24, with an honor from the Prime Minister. General Prayut Chan-o-cha presided over the first money transfer. given to farmers in front of City Hall Phetchabun Province And farmers can check the results of the money transfer via the BAAC A-Mobile and A-Mobile Plus applications 2565 hours a day and there will be a notification message of money being credited to the account via LINE Official BAAC Family in the case Customers apply for BAAC Connect service and can withdraw cash through BAAC ATMs nationwide.