Global Trade Alert
Global Trade Alert

Thailand: Government announces the Rice Insurance Plan budget for the year 2021

Announcement

30 Mar 2021

In March 2021, the Thai Cabinet announced the budget for the Rice Insurance Plan for the year 2021.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Aug 2021

Revocation date:

31 May 2022

Updated: 30 Mar 2021
Production subsidy

On 30 March 2021, the Thai Cabinet approved the budget for the Rice Insurance Plan, which covered damages due to natural disasters for the year 2021. The new budget was set at 2.87 billion (USD 91....

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