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30 September 2019 at the Ministry of Interior, Mr. Jurin Lakwisit Deputy Prime Minister and the Minister of Commerce presided over the meeting to present income insurance policies to rice farmers. and oil palm farmers to the provincial governor and the sub-committee for monitoring and supervising the management of rice at the provincial level and Committee to solve farmers' problems related to agricultural products at the provincial level on September 30, 2019 at the Ministry of Interior with representatives from 8 agencies using a video conference system (VDO Conference) with broadcast on Channel 9 to inform population by Deputy Prime Minister and Minister of Commerce Said that the meeting was necessary to practice understanding with those involved in the important policy of the government, which is to guarantee farmers' income. Farm income guarantee is an urgent policy of the government.
Which will guarantee 5 types of income, including rice, rubber, cassava, palm oil, corn, but the government will take care of every agricultural product But maybe in different ways. Ask other farmers not to worry about the 2 agricultural products that the Cabinet has approved: Rice and oil palm, as for rubber, there will be a meeting to issue income guarantee measures soon. The implementation of this policy requires consultation with three parties: the government, private sector, and farmer Email Marketing List representatives. in order to carry out the policy smoothly and achieve the highest goal Mr. Jurin said that the income insurance policy was created because allowing farmers to sell products at market prices was not sufficient for their livelihood due to the poor global economic growth. As a result, the demand for agricultural products in the world market may fall. In addition, the quantity of Thai agricultural products may tend to exceed domestic demand. need to rely on exports And this government does not want to reduce production which will affect farmers. However, the government has a policy to increase domestic demand. But it may take time.

This policy will provide farmers with two sources of income: 1 income from selling agricultural products and 2 compensation prices paid by the government, called the difference, which is calculated from the insurance price – the reference median price = the difference that the government compensates. The government will transfer the difference directly to farmers' BAAC accounts. which farmers must register with the Department of Agricultural Extension For palm, the government will guarantee an income of 4 baht per kilogram for each household not exceeding 25 rai. This income guarantee It is not price insurance for agricultural products. This is because it is impossible to guarantee that prices will fluctuate all the time. And it will interfere with the market and go against WTO principles. But the government will guarantee income. By transferring the difference as previously informed.
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