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    News: 2024.03.17

    Thai farmers are struggling financially, government helps increase income

    Kanika said the main reasons for the economic difficulties faced by Thai farmers are multi-faceted, including falling rice prices, reduced Thai rice exports, rising rice production costs, and the impact of natural disasters. These factors have combined to reduce farmers' income, making it difficult for them to make ends meet.

    In order to help Thai farmers survive this difficult period, the government has launched a series of measures. These include providing financial support, reducing agricultural production costs, strengthening the agricultural insurance system, and promoting diversified sales channels for agricultural products.

    financial support

    The government helps farmers raise funds and relieves their economic pressure by providing low-interest loans and subsidies. These measures help improve farmers' production efficiency and increase the competitiveness of agricultural products.

    Reduce production costs

    The government is committed to reducing agricultural production costs and helps farmers improve production efficiency and reduce production costs by providing subsidies for agricultural mechanization equipment, pesticides, fertilizers and other materials, thereby increasing income.

    Strengthen the agricultural insurance system

    The government is strengthening the agricultural insurance system to provide farmers with more risk protection. Once they suffer losses from natural disasters and other force majeure factors, they can receive timely compensation and mitigate losses.

    • Promote diversified sales of agricultural products

    The government actively promotes diversified sales channels for agricultural products, explores domestic and foreign markets, expands the sales scope of agricultural products, increases the added value of agricultural products, and increases farmers' income.