The Commerce Ministry is preparing to propose to the National Rice Policy Committee (NRPC) tomorrow measures worth 69 billion baht to stabilise rice prices in the 2023/24 harvest season.
The proposed spending aims to absorb 14 million tonnes of rice during periods of massive supply.
These measures involve providing credit to delay rice sales, consolidating rice, compensation for stock holding and offering 1,000 baht per rai to farmers, benefiting 4.68 million households.
Speaking after a joint meeting with representatives of farmers, Deputy Prime Minister…
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