Govt approves B73bn in help for rice farmers

A rice paddy in Chai Nat is pictured on July 13, 2017. (Bangkok Post photo)

The government on Friday announced 73 billion baht in loans and handouts to help stabilise prices for rice farmers, a politically influential group whose heartland is in regions where opposition to the military junta is strongest.

Thailand's staple food has long been a factor in politics.

The announcement by the commerce ministry came a week after former prime minister Yingluck Shinawatra fled into exile ahead of a court verdict in a criminal negligence case over a rice subsidy scheme that cost billions of dollars.

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