Ministry of Agriculture to support the farmers with 5000 baht per family

Last updated on May 11th, 2021 at 08:38 am

The Agriculture Ministry is asking the government to hand farmers monthly payments of Bt5,000 for six months to maintain the agricultural supply amid forecasts of global food shortages within three months.

Alongkorn Ponlaboot, adviser to the agriculture minister, said that the United Nations, the World Health Organisation and the World Trade Organisation all predict that food shortages will become another global crisis in the next three months, especially for countries that are unable to produce their own food. The ministry wants a backup plan in place before the world recovers from the Covid-19 crisis, which might take about two years. “Thailand is the 12th largest food exporter in the world and the second in Asia,” Alongkorn said. “This is a time when we have to maintain our production bases for agricultural products, crops, livestock and fish.”

With both domestic and international purchasing power decreasing, farmers have a crucial role under current circumstance, and the ministry needs to subsidise them with Bt5,000 payments for six months, he added. The ministries of Agriculture and Commerce must work together to balance volumes of food for domestic consumption and for export, said Alongkorn, so that the country can maintain its food supply and also revenue from international markets.

Desk Writer

Spends most of the time reading news all around the world. Strong knowledge and understanding of the current situation and happenings in the ASEAN region.

Recent Posts

From Minority to Majority: How Chinese-Indonesians are Taking Over Indonesia’s Political Arena

Chinese-Indonesians are a vibrant community that have long been a part of Indonesian society, yet throughout history they have been…

May 15, 2024

IMF: These are the World’s Biggest Economies in 2029

With the end of the decade fast approaching, the International Monetary Fund (IMF) has published a report outlining the world's…

May 14, 2024

Indonesia Floods and Volcano Many dead, Search Continues

Big floods and mud from a mountain caused by heavy rain killed almost 41 people on Sumatra island, Indonesia. More…

May 14, 2024

Clanging Through Charm A Sensory Journey on Vietnam’s Trains

Vietnam, a land blessed with mesmerizing natural beauty and  imbued in rich history, offers a transcendent travel experience aboard its…

May 14, 2024

End Of An Era: Raphael Varane Soon To Exit Manchester United

Manchester United's strong defender and famous French footballer Raphael Varane at the end of the season will exit Manchester United,…

May 14, 2024

UAE President and Indonesian Defense Minister Strengthen Defense Relations and Celebrate Order of Zayed Award

The United Arab Emirates (UAE) and Indonesia have advanced considerably in the process of forging their bilateral defense cooperation throughout…

May 14, 2024

This website uses cookies.

Read More