3 years, fill 3 hundred billion, income insurance, is it worth it or not?

Rice Income Insurance Program which is one of the five plants in the government’s income insurance policy. Gen. Prayut Chan-o-cha, who the Democratic Party as a coalition party that pushes forwardThe rice income has been guaranteed for 3 years. During the 3 years of production, the government approved budget for operating expenses asMore than 3 billion baht already. Excluding parallel measures, namely: 1. Production year 2019/63, the state approved subsidies for both projects, totaling 76,049 million baht.

2. Production year 2020/64, the state approves the subsidy budget for both projects, totaling 106,740 million baht.

3. Production year 2064/65, the state approves the subsidy budget for both projects, totaling 138,456 million baht.

byThe rice income insurance program has benefited more than 4 million households of farmers. Farmers whose farmers are satisfied with the income insurance program because they received the difference from the rice insurance price because as you know Income insurance scheme, if the price is “lower” than the insured Farmers will get the “different”, but if the price is not “higher”, they will get more money by selling their produce in the market.

now the governmentIt is moving forward with the 4th year rice income insurance program, which will benefit farmers 4.68 million households. The total budget was 86,740.31 million baht.

There are also parallel measures to be used. “Push rice prices” Along with 3 projects with a budget of 8,022.69 million baht, namely 1. Projects to encourage rice farmers. slow down rice sales During the period when the rice comes to the market in large numbers to prevent the price of paddy from falling There will be a subsidy for farmers 1,500 baht per rai per 1 ton of rice.

2. 3% interest assistance program for cooperatives that slow down rice sales or keep rice stock to prevent the rice that comes out so much that the market is overflowing causing the price of rice to fall

3. 3% interest assistance program for mills that keep rice stocks

Finally, the “1,000 baht per rai project” was considered to support the “Manage and develop product quality” for farmers who grow rice not more than 20 rai per family, totaling 55,364.75 million baht, including 3 projects, totaling 150,127.75 million baht.

treats As for the income insurance project, year 4 At “Jurin Laksanawisit”, the leader of the Democratic Party and the Minister of Commerce as the leader of the coalition government who can continue to push forward the income insurance project until the 4th year. Although during the income guarantee program in the third year, there was a noise that the income insurance program undermined the framework of the country’s fiscal discipline. Because the government will have to find money to put in the income insurance scheme to create a budget burden.

3 years, fill 3 hundred billion, income insurance, is it worth it or not?

But in the end, the project is still moving into its 4th year. In the past, the rice income insurance project cost hundreds of billions of baht. So the question arises, is it worth it? if it isFarmers have to answer that it’s worth it. because helping farmers during the time of low rice prices The benefit also goes to agriculture. but vice versa Hundreds of billions of dollars of money spent on the rice income insurance scheme has caused problems with the government’s budget. which many scholars consider not worth it that the government must allocate every year Instead of using the money to improve the quality of rice or to support the efficiency of rice production.

However, it is a different perspective. In terms of politics, it is undeniable that it is a campaign policy, which isThis is especially common in the last corner of the “Big Du” government, which is necessary to stock up on votes for future elections. But must keep an eye on that With a budget of hundreds of billions of baht that has been devoted to the rice income insurance project This does not include the other 4 types of cash crops in the income insurance scheme, namely rubber, maize, cassava, and oil palm, which must be allocated to the budget.Repeating the rice pledging scheme during the Yingluck government Shinawatra or not ..

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