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Monday, April 29, 2024

Digital handout scheme could start April/May, may exclude the rich

Three approaches have been proposed under this effort:

– Limiting the handout to 15-16 million state welfare card holders, which would cost 160 billion baht.

– Excluding those who earn more than 25,000 baht per month or have over 100,000 baht in their bank account. This would bring down the eligible recipients to 43 million people and will use 430 billion baht.

– Excluding those who earn more than 50,000 baht per month or have over 500,000 baht in their bank account. This would bring the eligible recipients down to 49 million people and will use 490 billion baht.

The meeting also agreed that the verification method of recipients will follow the regulations laid down by the Bank of Thailand. This means those who have already confirmed their identity via government application to receive benefits under any state campaign need not verify their identity again.

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