BAAC satisfied with progress of 1,000-baht-per-rai aid distribution


BANGKOK, 24 October 2014  – Mr. Suraphong Nillaphan, Executive Vice President of the Bank for Agriculture and Agricultural Co-Operatives (BAAC) revealed the BAAC was satisfied with the distribution of the 1,000-baht-per-rai aid to low-income farmers.

Since the package was launched on 20 October until 23 October (yesterday), around 200,000 out of the 3.4 million registered farmers have already received the money while the rest are expected to get theirs by November.

He also urged the farmers who have not yet received the subsidy to check their right by contacting a nearest Agricultural Extension office. If their right is confirmed, they can open bank accounts with the BAAC and wait for the money to be transferred into the accounts. The BAAC reiterated that the money would only be transferred to farmers who are eligible for the assistance.