Mr Anutin launches the 30-billion-baht "Khon La Khrueng" (half-half) loan programme aimed at helping farmers reduce production costs.
Prime Minister Anutin Charnvirakul has kicked off a 30-billion-baht "Khon La Khrueng" (half-half) loan programme aimed at helping farmers reduce their production costs.The premier, together with Finance Minister Ekniti Nitithanprapas in his capacity as board chairman of the Bank for Agriculture and Agricultural Cooperatives (BAAC), launched the scheme on Friday following a cabinet resolution.
The programme forms part of the government's policy to strengthen Thailand's agricultural sector by supporting the transition from traditional farming to precision, resilient and sustainable agriculture, while reducing production costs, creating added value throughout the supply chain and enhancing the competitiveness of Thai farmers.
The initiative offers farmers access to low-interest financing to buy production inputs and supports the development of agricultural skills and farm management capabilities.
The bank also provides advisory services through the BAAC Mobile app, offering knowledge and consultation on fertiliser analysis and crop cultivation to help farmers improve their accuracy and efficiency.
