Prime Minister Prayut Chan-o-cha granted Suphan Buri rice farmers financial assistance to offset low rice and vegetable prices the government is trying to raise.
Prayut presided over a ceremony to present the financial aid to farmers who participated in the government’s rice price-insurance project for the 2021-22 crop season at the Bank for Agriculture and Agricultural Cooperatives in Si Prachan District.
The prime minister said that nationwide rice growers would receive the financial aid and he hoped it would be their New Year gift.
He said the government was concerned about the life of farmers and thus insured the income of the farmers who grew five crops, the prices of which fluctuated.
The produce price insurance was among solutions to farmers’ income and others included the development of rice quality and the promotion of technological application in agriculture to cut cultivation costs, Gen Prayut said.
He asked BAAC to increase the central markets where farmers can sell produce at reasonable prices. He also ordered research on processed rice products to increase the value of rice, the prime minister said.