The government has approved a 7.64-billion-baht income guarantee scheme for rubber farmers for the 2022-23 season, which is operating for the fourth consecutive year.
Nakorn Tangavirapat, governor of the Rubber Authority of Thailand, said the scheme was endorsed on Wednesday at a meeting of the National Rubber Policy Committee, chaired by Prime Minister Prayut Chan-o-cha.
The scheme covers 1.60 million rubber farmers with a combined 18.2 million rai of rubber plantations. Of the total, plantation owners and tenant farmers account for 1.37 million people, with 231,514 rubber tappers.
