The bank's board previously approved low-interest loans of 10 billion baht to help farmers cultivation of rubber and rubber products industry 2015 -2016 improved.
This additional funding will be used to optimize your production, cultivation and help them start a new job amid the drop in world rubber prices. The fund also aims to reduce labor shortages in this sector as well.
World rubber prices have fallen 20 percent in the first 11 months of this year. According to the Commerce Ministry data.
Prime Minister Ephraim Chan-ocha in the province of Surat Thani on Monday to give compensation to the rubber plantations there, under the decision The Council of Ministers on 3 November.
12.75 billion baht relief aims to ease their problems and to improve the productivity and to help workers deal with the cost of everyday life.
Luck Wajanawat president of the Bank of Agriculture and Agricultural Cooperatives, said that this assistance, which aims to help you rubber titles This land provides 1,500 baht per rai for cultivation or hire workers and harvest resin.
This money will be given to the family rubber 850 billion, which is less than 15 rai of rubber trees ratified. Farmers whose land more than 15 rai of rubber trees that have ratified could get only 15 rai.
Rubber plantation owners or tenants will receive 900 baht per rai, 700 baht to improve the efficiency of production and 200 baht to improve the quality. Workers will receive 600 baht per rai. LA
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