BAAC joins hands to teach. Top up funds for sugarcane farmers, worth 35 billion baht, to reduce sugarcane burning and PM 2.5 dust.
Mr. Phongphan Jongrak, Deputy Manager of the Bank for Agriculture and Agricultural Cooperatives (BAAC), revealed that BAAC together with the Office of the Cane and Sugar Board (BAAC) signed a memorandum of understanding regarding Develop and link agricultural product databases Bringing the sugarcane farmer registration database Check information about participating in the loan project and interest reduction on loans for sugarcane farmers. Conditionally Must be a farmer who is registered as a sugarcane grower with Sor. and is waiting in line for a sugarcane cutter. There is certification from the contract sugar factory. Plan to reduce sugarcane burning
BAAC is ready to add funds through the loan project to enhance short-term liquidity under the BCG Model measure for sugarcane farmers through the BCG Model loan, with a total credit limit of 35 billion baht, consisting of 1) loans for the Bio Economy (Bio Economy). Credit) 2) Circular Economy Credit (Circular Economy Credit) and 3) Green Credit (Green Credit) to encourage farmers to turn to cutting fresh sugar cane to sell to sugar factories. Substitute for burning sugarcane after harvest The cause of the PM 2.5 dust problem is the MRR interest rate (currently MRR is equal to 6.975) per year and when farmers can operate according to the criteria set by the bank. It will be considered to reduce the loan interest rate to MRR-1 per year from the loan date. To enhance farmers' liquidity and serve as revolving expenses for their continued occupation.
BAAC is also ready to support knowledge in the field of production. Using innovation and technology in Reducing costs and increasing yields appropriately in each sugarcane cultivation area, such as supporting sugarcane farmers Adjust the area to support sugar cane cutters. This will help reduce the problem of labor shortages for sugar cane harvesting. Encouraging sugarcane farmers who are ready to purchase sugarcane leaf presses (Square Balers) to sell to sugar factories in the area. For use as fuel to supplement the sugar production process and biomass electricity production. To preserve the environment.
Source: Thai News Agency