New fertiliser subsidy scheme for Thai farmers to save govt THB24 billion

Officials explained that while the previous subsidy paid about THB 500 more, most of the money in the previous scheme went to landlords whose lands were rented by farmers but the new scheme would ensure that farmers would get the money.

The Nation

The Nation

         

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Composite photo of a person holdin some fertiliser in hand, a blundle of cash, and crops. PHOTO: THE NATION

July 1, 2024

BANGKOK – Chai was clarifying the Cabinet’s resolution passed on Tuesday.

Chai said the new fertilizer subsidy scheme replaced the previous farmers’ allowance programme under which the government offered cash at 1,000 baht per rai to farmers, with a ceiling of 20 rai (3.2 hectares). Last year, the government spent 56 billion baht for the allowance programme, the spokesman added.

Chai said although farmers would receive 500 baht less subsidy per rai of farmland under the new scheme, they were happy with it.

The spokesman explained that most of the money in the previous scheme went to landlords whose lands were rented by farmers but the new scheme would ensure that farmers would get the money as they would be required to show receipts for purchase of fertilizer to claim the subsidy.

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