Deputy Prime Minister/Finance Minister Kittiratt Na-Ranong said an emergency fund would be transferred to the Bank of Agriculture and Agricultural Cooperatives to go directly to farmers.
About 980,000 planters who have tapped their rubber will receive assistance at this stage. They represented 80 per cent of rubber farmers countrywide who have registered with the authorities.
Mr Kittiratt said the Natural Rubber Policy Committee (NRPC) will meet again on Thursday to find additional measures to help growers who own more than 10 rai of rubber plantation while the Cabinet may be asked to allocate more budget if the approved amount is insufficient.
Farmers refused to accept the Cabinet’s decision and continued their protest in Surat Thani province today. They also blocked the southern highway, resulting in traffic congestion.
The deputy prime minister said farmers with plantations covering 25 rai might be given more assistance in the NRPC’s next meeting.