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BAAC Begins Disbursement of Agricultural Subsidies

Thai Post One source

The Bank for Agriculture and Agricultural Cooperatives (BAAC) has initiated the first round of subsidy payments to farmers, totaling 835 million baht.

According to a report by Thai Post, the Bank for Agriculture and Agricultural Cooperatives (BAAC) has officially commenced the distribution of financial assistance to farmers. The government announced that the first round of payments, amounting to 835 million baht, is currently being transferred to support agricultural households. This initiative provides a subsidy of 1,000 baht per rai to eligible farmers. The initial disbursement is expected to reach approximately 135,000 households across the country. For residents and those involved in the local agricultural sector, this injection of funds is intended to provide immediate financial relief to farming families. While the transfer process has begun, details regarding the total number of rounds, the specific criteria for all eligible recipients, and the timeline for subsequent payments remain to be confirmed by the relevant authorities. This program highlights the government's ongoing efforts to support the rural economy through direct financial intervention. Residents should monitor official announcements from the BAAC or local government offices for updates regarding individual eligibility and payment schedules.