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BAAC transfers money to reduce rice costs 6,100 million baht

BAAC ready to transfer money to reduce costs for rice growers, year 2020/2024, round 2, amount 6,100. Million baht, 1,000 baht per rai, farmers receive additional benefits, 680,000 households will begin transferring money into their accounts on December 18.

Mr. Chatchai Sirilai, Manager of the Bank for Agriculture and Agricultural Cooperatives (BAAC), revealed that BAAC is preparing to transfer money to the project to support management costs and develop the quality of rice growers’ produce in the production year 2023/24 in accordance with Government policy at the rate of 1,000 baht per rai, up to a maximum of 20 rai or not more than 20,000 baht, to farmers who register as rice growers with the Department of Agricultural Extension. Ministry of Agriculture and Cooperatives, production year 2023/24, in order to help rice farmers to have income and liquidity for spending. Including improving the quality of rice products to be able to sell at a higher price, in the second round an additional 6,105 million baht was added, with another 688,013 farmer households benefiting, starting to transfer money directly into farmers’ accounts on December 18, 2023. this

For the first round of money transfers, which have been transferred 5 days since November 28 – December 2, 2023, BAAC has already transferred money into the accounts of 3,817,901 households, amounting to 44,433 million baht from the farmer target of 4.68 million households will benefit in the amount of 54,336 million baht. Therefore, there are still approximately 170,000 farmers who are still in the process of preparing to transfer money, such as waiting to receive additional registration information for rice farmers from the Department of Agricultural Extension.

In some cases, it was found that the registered name did not match the account name. or the reported deposit account has no movement Account closed or frozen Including the status of the person who received the right when it was discovered that he had died. There must be a change in beneficiary, etc., so as to create confidence in receiving money according to rights. We ask farmers to please check the information on receiving the rights. https://chongkho.inbaac.com You can check the results of the money transfer via the BAAC Mobile application 24 hours a day. There will be a message notifying you of money being credited to your account via the BAAC Connect service via Line: BAAC Family. As for farmers who have registered with the Department of Agricultural Extension, BAAC will expedite the verification of information and transfer money to farmers in the next order. From now until September 2024, ask for more details at all BAAC branches nationwide or Call Center 02 555 0555 .-515.

Source: Trend News Agency