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Cabinet rolls out Bt30bn fertiliser loan scheme

Cabinet rolls out Bt30bn fertiliser loan scheme

10 Sept 15:33 Key points summarised by AI
  • Cabinet approves a Bt30 billion scheme to subsidize 50% of the 6% interest on loans for farmers purchasing chemical fertiliser.
  • Farmers can borrow up to 100,000 baht, provided they complete a skills development course and use state-approved, price-regulated seeds.
  • The one-year scheme is an urgent measure designed to ease farmers' financial burden, improve their competitiveness, and enhance their quality of life.
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