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Bangkok Post
Bangkok Post
Business

Panel okays B1.92bn rice insurance plan

The National Rice Policy Committee on Wednesday approved providing 1.92 billion baht to support the rice insurance scheme for the main crop of the 2022 season.

Boonyarit Kalayanamit, permanent commerce secretary, said the scheme covers 28.5 million rai of rice farmland nationwide, of which 28 million rai belong to farmers who are customers of the state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC).

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