BANGKOK: According to an article in The Nation, rice farmers in Thailand have called upon the government to release soft loans worth around 40 billion Baht to those who joined the rice plantation integration project so they can have more financial liquidity.
The president of the Thai Agriculturalists Association, Suthep Kongmark, said that small farmers need soft loans to invest in rice production.
The plantation-integration project was launched by the Thai government to help small farmers integrate their rice fields and lower production costs. Each farmer reportedly needs around 100,000 Baht in loans to increase financial liquidity, said Suthep.