The Board of the Bank for Agriculture and Agricultural Cooperatives (BAAC) has approved a 30-billion-baht subsidised loan programme to help farmers transition from traditional agriculture to precision and sustainable farming practices.
BAAC president Chatchai Sirilai said the BAAC board approved the project at its meeting on Wednesday, chaired by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas.
The programme, titled the "Half-Half Interest Loan Scheme," will run for three years until April 2029. It is designed to provide farmers with access to low-cost financing for working capital and investment in agricultural activities.
