26m rai of farmland insured, says OIC | Bangkok Post: news - News Summed Up

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26m rai of farmland insured, says OIC | Bangkok Post: news


The state's agricultural insurance covers crops in the event of a natural disaster. The government wants 30 million rai to be insured for this harvest season, starting from April. It has proven a success as only 1.5 million rai of rice paddy was covered by crop insurance before the scheme, he said. There are 58.7 million rai of rice fields across the country, according to the Office of Agricultural Economics' data. In a related development, the OIC has requested the government enact a law concerning crop insurance to create a systematic framework and establish a committee to set up a national crop insurance policy, he said.


Source: Bangkok Post September 02, 2016 00:33 UTC



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