Farmers To Be Paid From Tomorrow

[waerth]

http://bangkokpost.com/most-recent/411687/farmers-to-be-paid-from-tomorrow

 

The National Council for Peace and Order (NCPO) has instructed the Finance Ministry and Bank for Agriculture and Agricultural Cooperatives to give about 92 billion baht to more than 800,000 farmers who have not been paid for their rice under the previous government's rice-pledging scheme in one month from tomorrow, Col Nathawat Chancharoen, NCPO deputy spokesman, said on Sunday.

 

Col Nathawat was speaking after a meeting of the NCPO's economic affairs section under the supervision of ACM Prajin Jantong, the air force chief, with economic agencies concerned.

 

The most urgent economic issue raised for discussion was the outstanding payment to be made to farmers who have mortgaged rice with the government but have not been paid, he said.

 

Col Nathawat said the farmers would initially be paid with about 40 billion baht available from the Commerce Ministry and later with another 50 billion baht to be acquired on loans from a financial institution inside the country.

The 800,000 farmers would all be paid in one month starting tomorrow. The money would be paid at various army and air force units in various parts of the country, he said.

 

Somchart Soithong, director-general of the Internal Trade Department, quoted ACM Prajin as saying that the Finance Ministry would be responsible for the loan repayment.

ACM Prajin also wanted all agencies concerned to take measures to quickly solve the problem of the low price of rice, he said.

 

Mr Somchart said the meeting also discussed a plan for the NCPO to prepare the 2015 national expenditure budget to be disbursed from Oct 1.

[WorldFun]

very interesting

[Flashermac]

Prauth had announced immediately after declaring a takeover that priority number one was paying the farmers. Let's see the red shirts try to oppose that.

[jitagawn]

Well it would just be great IF the famers finally get paid

Obviously this could have happened with far greater expediency

Ms Ying did no pull it together

[WorldFun]

its all about the reasons

[BelgianBoy]

did they get paid today....?

[WorldFun]

yes and this is very good policy for becoming a long staying non elected & popular ruler

 

i'd say one need to search long and wide to find a broken promise or outright lie from this 'PM'.

he also gets things done at speed!

 

refreshing

[Flashermac]

Rice farmers overjoyed as payments begin

 

 

RICE FARMERS across the country were delighted as payments under the rice-pledging scheme resumed yesterday under the National Council for Peace and Order (NCPO).

 

I am so glad that the money has arrived," Chamnarn Taenghom from Phichit province said.

 

During the past six months, millions of farmers had desperately pressed for payments from the Yingluck Shinawatra-led administration to no avail. While the previous government blamed the months-long political turmoil as the main obstacle, critics blamed massive corruption. After the NCPO seized power, it vowed to prioritise the payments to farmers.

 

"We need money to invest in a new crop season," Chamnarn said.

 

According to the Phichit branch of the Bank for Agriculture and Agricultural Co-operatives (BAAC), it is paying more than 10,000 farmers under the Bt2-billion budget approved by the NCPO.

 

Additional funds are on the way. BAAC branches have been allocated different amounts, as the number of farmers at each branch differs.

 

Sa-ngob Bua-jan yesterday showed up at the BAAC's Khon Kaen branch and found that the payments had progressed to queue No 1023 already.

 

"I have two queue cards, one being No 1056 and the other being 1406. So I am convinced I will get my money soon," he said.

 

Sa-ngob, 66, thanked the NCPO for giving priority to rice farmers. Many farmers committed suicide recently due to the delayed payments.

 

Nupin Promta, a 47-year-old farmer, was overjoyed when she learnt that the BAAC had begun paying again. "I am told I will get money within five days," she said.

 

The BAAC branch in her hometown has already received a Bt650-million budget and will get more.

 

Elsewhere, payments to farmers under the rice-pledging scheme have also resumed.

 

In Uttaradit province, Boonrod Prabsamornchai received more than Bt236,000 from the rice-pledging scheme yesterday.

 

"It has revived my hope," he said.

 

Kittisak Rattanawaraha, who chairs the Network of Rice Farmers in the Lower North, said with the NCPO running the country all participants in the rice-pledging scheme believed they would be paid within one month.

 

"All farmers are delighted," he said.

 

In Sukhothai province, rice farmers joined more than 1,000 demonstrators in expressing support for the military. They handed flowers to a major-general at the Sukhothai City Hall.

 

 

http://www.nationmultimedia.com/national/Rice-farmers-overjoyed-as-payments-begin-30234699.html

[robaus]

Well it would just be great IF the famers finally get paid

Obviously this could have happened with far greater expediency

Ms Ying did no pull it together

 

Yingluck's government tried to issue a bond to raise money to pay the farmers months ago, but guess who blocked that saying she didn't have the authority to do so. Yep, your mates Suthep and the yellow shirts! And now their chums the military dictators instantly find the cash. Surprise surprise. Could it be that the yellow shirts couldn't give a toss about the farmers a few months ago, but are now all in favour of their mate Prayuth getting them all onside.

 

“Former Prime Minister Yingluck Shinawatra dissolved parliament in December and called an election for February. From that moment, her caretaker government was unable to initiate new policies, even as the economy foundered, and found it impossible to raise funds for the troubled rice scheme.

 

The military has now torn up the constitution and the finance ministry has moved quickly to find money for the farmers, inviting banks to tender early next month to provide 50 billion baht ($1.53 billion) in loans to fund the rice scheme.â€

http://www.businessi...6#ixzz32uDGRDNu

 

I don’t understand the maths here. KS says 500 billion baht was lost in the corrupt rice scheme. The farmers were being paid at inflated prices, and yet it only costs 50 billion baht to repay the farmers. This does not compute.

 

Could the army be accused of “populist policies†making paying the farmers top priority..to keep them sweet and passive.

[khunsanuk]

Hi,

 

"and yet it only costs 50 billion baht to repay the farmers"

 

A lot of farmers had already been paid.

 

Sanuk!