The National Rice Policy Committee chaired by Prime Minister Prayut Chan-o-cha approved yesterday 3.83 billion baht worth of additional spending for the state-sponsored rice price guarantee scheme for the 2020-21 crop year, raising total spending to 50.6 billion baht this harvest season.
A higher budget has been allocated because there are additional registrants in the scheme, said government spokesman Anucha Buraphachaisri.
He said the Commerce Ministry and the Bank for Agriculture and Agricultural Cooperatives have been tasked with preparing details to be proposed for cabinet approval.
As of Feb…
