Markets and trade
 

Detail

Area
Thailand
Commodity Group
Rice
Commodity
All
Date
18/02/2019
Policy Category
Production
Policy Instrument
Production support
Description
Approved a budget of THB 1.74 billion (USD 55 million) to extend a crop insurance scheme for paddy into the 2019 season. Under the programme, the Government would aim to bring 30.0 million rai (4.8 million ha) of paddies under insurance against six types of natural disasters, subsidizing 60 percent of insurance premiums. The scheme will be implemented from 1 April 2019.
Notes
Exchange rate as of 15 April 2019.