Govt budgets Bt154m to shore up fruit farmers' prices

WEDNESDAY, MARCH 21, 2012
Govt budgets Bt154m to shore up fruit farmers' prices

The Commerce Ministry's farmer assistance policy committee plans to allocate Bt154.46 million to prevent a drop in the prices Eastern fruit farmers enjoy during the upcoming harvest season. Targeted fruits are rambutan, mangosteen, durian and langsat.

 

It will also allocate Bt42.25 million to deal with excess production of lychee in the North, by helping traders find more markets for the fruit and soft loans for processing the product.
 
Commerce Minister Boonsong Teriyaphirom said the plan aimed to shore up fruit prices in the short term during the harvest season from April to June. The government will help release products by encouraging export and promote processing that will add value to the fruits.
The Nation