The Thai Cabinet has initiated the 'Raising 100,000 Cows' pilot project, aimed at enhancing employment, increasing farmers' income, boosting food security, and improving livestock export competitiveness. This project, managed by the National Rural and Urban Community Fund Office, will provide 1,000 farmers in Sukhothai Province with interest-free loans of 50,000 baht each to raise 2 cows per household. Furthermore, the Agricultural Cooperative Bank will extend up to 5 billion baht in loans to support 100,000 farmers in cattle and sheep rearing, with the government covering the interest, thereby promoting agricultural development and economic growth.
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Original content
According to a report on the Thai Government website on March 20, a spokesman for the Prime Minister's Office stated that the Cabinet approved in principle the "Raising 100,000 Cows" pilot project, and the National Rural and Urban Community Fund Office established a working group to formulate program details and budget before submitting it to Parliament. The main purpose is to increase jobs, increase farmers' income, and at the same time improve food security and livestock product export competitiveness. The main measure is to encourage the fund's 1,000 farmers in the pilot area in rural Sukhothai Province to raise 2 cows per household, giving each household Each household received an interest-free loan of 50,000 baht. In ...
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