Connect with us

Thailand

Farmers sleep on the streets of Bangkok for 42 days calling for action on debt

Avatar

Published

 on 

photo via เครือข่ายชาวนาแห่งประเทศไทย Facebook

For more than a month, farmers across Thailand have been sleeping under a busy expressway in Bangkok as a form of protest to call on the Thai government to help solve the problem of debt among farmers. So far, the farmers from 36 provinces have been sleeping under the Rama 6 Expressway in front of the Ministry of Finance for 42 nights.

The farmers request that their debt be transferred from central government banks, which charge high interest rates, to the Farmers’ Rehabilitation and Development Fund, which does not charge interest. The fund’s committee passed a resolution approving the transfer of farmer’s debt over ten months ago in April 2021, but progress is yet to be made on the government’s side.

The problem of farmers’ debt

The fund indicated that 50,621 farmers are under debt restructuring from four government banks, with debt totalling more than 9.282 billion baht, of which more than 6.813 billion baht is from interest.

Charin, a rice farmer from Chachoengsao province east of Bangkok, has been farming on the same 50 rai of land his whole life. He borrowed 1.5 million baht in farming loans and his interest calculates to around 100,000 baht per year. Charin explained that most years, he actually makes a loss because of his debt repayments. But if he stops farming, the bank will consider him a debtor with no income, which risks his land being confiscated.

“If our debt is with the banks, the interest rate goes up every day. But if the debt lies with the fund, the interest will stop immediately. Without interest, we won’t have to worry because our land will not be confiscated or sold. Once we have paid our instalments in full, the land will be returned to us. This is our only chance at survival.”

Farmers’ Rehabilitation and Development Fund

The fund’s committee, established under the Rehabilitation and Development Fund Farmers Act 1999, passed a resolution approving the transfer of farmer’s debt from state banks to their fund which they submitted to the Ministry of Finance in April 2021. The resolution is yet to be presented to the cabinet. The debts will be repaid in instalments without interest.

The fund will accept transfers of farmers’ debt from four state banks: Bank for Agriculture and Cooperatives, Government Housing Bank, the Government Savings Bank and the Small and Medium Enterprise Development Bank of Thailand.

The fund’s letter to the Ministry of Finance gave suggestions of ways to solve farmers’ debt problems. The letter assured the Ministry of Finance that the fund has clear rules for debt management and farmers who receive debt management continue to repay their debts every year.

42 days of farmers’ protests

January 22

A group of farmers from 36 provinces who call themselves “The Farmer’s Debt Network of Thailand” gathered beneath the Rama 6 Expressway in the hope of accelerating the transfer of farmers’ debts from state banks to the Farmers’ Rehabilitation and Development Fund, who proposed the idea to the government in April 2021. In the following days, the farmers took their protest to the Budget Bureau, Bureau of Fiscal Economy, Ministry of Agriculture and National Economic and Social Development Council.

February 2

Farmers met with the Ministry of Agriculture Chalermchai Sri-On. Following the discussion, a group was set up to monitor the performance of the Farmers’ Rehabilitation and Development Fund.

February 24

Chalermchai sent the matter to a Deputy Prime Minister.

March 7

Farmers walked to the Government House to confront the Deputy Prime Minister to receive the answer, “the Deputy has travelled abroad and will return March 12 2022”.

March 9

Farmers presented the change.org petition, signed by 31,629 people, to the government through Chaiyot Chiramentakorn, Deputy Secretary General to the Prime Minister for Political Affairs. After receiving the letter, Chaiyot said the case of debt transfer to the fund had been discussed in a meeting and is expected to be presented to the cabinet by March 22.

If the Farmers’ Rehabilitation and Development Fund’s proposal gets presented to the cabinet by March 22, the 42 nights the farmers spent sleeping on the streets will be considered successful and will be a step in the right direction toward solving the problem of farmers’ debt in Thailand.

 

Get more from The Thaiger

Looking for your next home in Thailand? Let us match you with a local expert in minutes!

Thank you for your interest!

One of our agents will
reach out to you soon.

I want to:
  • Thailand (ไทย)+66
  • United States+1
  • United Kingdom+44
  • Australia+61
  • Afghanistan (‫افغانستان‬‎)+93
  • Albania (Shqipëri)+355
  • Algeria (‫الجزائر‬‎)+213
  • American Samoa+1684
  • Andorra+376
  • Angola+244
  • Anguilla+1264
  • Antigua and Barbuda+1268
  • Argentina+54
  • Armenia (Հայաստան)+374
  • Aruba+297
  • Australia+61
  • Austria (Österreich)+43
  • Azerbaijan (Azərbaycan)+994
  • Bahamas+1242
  • Bahrain (‫البحرين‬‎)+973
  • Bangladesh (বাংলাদেশ)+880
  • Barbados+1246
  • Belarus (Беларусь)+375
  • Belgium (België)+32
  • Belize+501
  • Benin (Bénin)+229
  • Bermuda+1441
  • Bhutan (འབྲུག)+975
  • Bolivia+591
  • Bosnia and Herzegovina (Босна и Херцеговина)+387
  • Botswana+267
  • Brazil (Brasil)+55
  • British Indian Ocean Territory+246
  • British Virgin Islands+1284
  • Brunei+673
  • Bulgaria (България)+359
  • Burkina Faso+226
  • Burundi (Uburundi)+257
  • Cambodia (កម្ពុជា)+855
  • Cameroon (Cameroun)+237
  • Canada+1
  • Cape Verde (Kabu Verdi)+238
  • Caribbean Netherlands+599
  • Cayman Islands+1345
  • Central African Republic (République centrafricaine)+236
  • Chad (Tchad)+235
  • Chile+56
  • China (中国)+86
  • Christmas Island+61
  • Cocos (Keeling) Islands+61
  • Colombia+57
  • Comoros (‫جزر القمر‬‎)+269
  • Congo (DRC) (Jamhuri ya Kidemokrasia ya Kongo)+243
  • Congo (Republic) (Congo-Brazzaville)+242
  • Cook Islands+682
  • Costa Rica+506
  • Côte d’Ivoire+225
  • Croatia (Hrvatska)+385
  • Cuba+53
  • Curaçao+599
  • Cyprus (Κύπρος)+357
  • Czech Republic (Česká republika)+420
  • Denmark (Danmark)+45
  • Djibouti+253
  • Dominica+1767
  • Dominican Republic (República Dominicana)+1
  • Ecuador+593
  • Egypt (‫مصر‬‎)+20
  • El Salvador+503
  • Equatorial Guinea (Guinea Ecuatorial)+240
  • Eritrea+291
  • Estonia (Eesti)+372
  • Ethiopia+251
  • Falkland Islands (Islas Malvinas)+500
  • Faroe Islands (Føroyar)+298
  • Fiji+679
  • Finland (Suomi)+358
  • France+33
  • French Guiana (Guyane française)+594
  • French Polynesia (Polynésie française)+689
  • Gabon+241
  • Gambia+220
  • Georgia (საქართველო)+995
  • Germany (Deutschland)+49
  • Ghana (Gaana)+233
  • Gibraltar+350
  • Greece (Ελλάδα)+30
  • Greenland (Kalaallit Nunaat)+299
  • Grenada+1473
  • Guadeloupe+590
  • Guam+1671
  • Guatemala+502
  • Guernsey+44
  • Guinea (Guinée)+224
  • Guinea-Bissau (Guiné Bissau)+245
  • Guyana+592
  • Haiti+509
  • Honduras+504
  • Hong Kong (香港)+852
  • Hungary (Magyarország)+36
  • Iceland (Ísland)+354
  • India (भारत)+91
  • Indonesia+62
  • Iran (‫ایران‬‎)+98
  • Iraq (‫العراق‬‎)+964
  • Ireland+353
  • Isle of Man+44
  • Israel (‫ישראל‬‎)+972
  • Italy (Italia)+39
  • Jamaica+1
  • Japan (日本)+81
  • Jersey+44
  • Jordan (‫الأردن‬‎)+962
  • Kazakhstan (Казахстан)+7
  • Kenya+254
  • Kiribati+686
  • Kosovo+383
  • Kuwait (‫الكويت‬‎)+965
  • Kyrgyzstan (Кыргызстан)+996
  • Laos (ລາວ)+856
  • Latvia (Latvija)+371
  • Lebanon (‫لبنان‬‎)+961
  • Lesotho+266
  • Liberia+231
  • Libya (‫ليبيا‬‎)+218
  • Liechtenstein+423
  • Lithuania (Lietuva)+370
  • Luxembourg+352
  • Macau (澳門)+853
  • Macedonia (FYROM) (Македонија)+389
  • Madagascar (Madagasikara)+261
  • Malawi+265
  • Malaysia+60
  • Maldives+960
  • Mali+223
  • Malta+356
  • Marshall Islands+692
  • Martinique+596
  • Mauritania (‫موريتانيا‬‎)+222
  • Mauritius (Moris)+230
  • Mayotte+262
  • Mexico (México)+52
  • Micronesia+691
  • Moldova (Republica Moldova)+373
  • Monaco+377
  • Mongolia (Монгол)+976
  • Montenegro (Crna Gora)+382
  • Montserrat+1664
  • Morocco (‫المغرب‬‎)+212
  • Mozambique (Moçambique)+258
  • Myanmar (Burma) (မြန်မာ)+95
  • Namibia (Namibië)+264
  • Nauru+674
  • Nepal (नेपाल)+977
  • Netherlands (Nederland)+31
  • New Caledonia (Nouvelle-Calédonie)+687
  • New Zealand+64
  • Nicaragua+505
  • Niger (Nijar)+227
  • Nigeria+234
  • Niue+683
  • Norfolk Island+672
  • North Korea (조선 민주주의 인민 공화국)+850
  • Northern Mariana Islands+1670
  • Norway (Norge)+47
  • Oman (‫عُمان‬‎)+968
  • Pakistan (‫پاکستان‬‎)+92
  • Palau+680
  • Palestine (‫فلسطين‬‎)+970
  • Panama (Panamá)+507
  • Papua New Guinea+675
  • Paraguay+595
  • Peru (Perú)+51
  • Philippines+63
  • Poland (Polska)+48
  • Portugal+351
  • Puerto Rico+1
  • Qatar (‫قطر‬‎)+974
  • Réunion (La Réunion)+262
  • Romania (România)+40
  • Russia (Россия)+7
  • Rwanda+250
  • Saint Barthélemy+590
  • Saint Helena+290
  • Saint Kitts and Nevis+1869
  • Saint Lucia+1758
  • Saint Martin (Saint-Martin (partie française))+590
  • Saint Pierre and Miquelon (Saint-Pierre-et-Miquelon)+508
  • Saint Vincent and the Grenadines+1784
  • Samoa+685
  • San Marino+378
  • São Tomé and Príncipe (São Tomé e Príncipe)+239
  • Saudi Arabia (‫المملكة العربية السعودية‬‎)+966
  • Senegal (Sénégal)+221
  • Serbia (Србија)+381
  • Seychelles+248
  • Sierra Leone+232
  • Singapore+65
  • Sint Maarten+1721
  • Slovakia (Slovensko)+421
  • Slovenia (Slovenija)+386
  • Solomon Islands+677
  • Somalia (Soomaaliya)+252
  • South Africa+27
  • South Korea (대한민국)+82
  • South Sudan (‫جنوب السودان‬‎)+211
  • Spain (España)+34
  • Sri Lanka (ශ්‍රී ලංකාව)+94
  • Sudan (‫السودان‬‎)+249
  • Suriname+597
  • Svalbard and Jan Mayen+47
  • Swaziland+268
  • Sweden (Sverige)+46
  • Switzerland (Schweiz)+41
  • Syria (‫سوريا‬‎)+963
  • Taiwan (台灣)+886
  • Tajikistan+992
  • Tanzania+255
  • Thailand (ไทย)+66
  • Timor-Leste+670
  • Togo+228
  • Tokelau+690
  • Tonga+676
  • Trinidad and Tobago+1868
  • Tunisia (‫تونس‬‎)+216
  • Turkey (Türkiye)+90
  • Turkmenistan+993
  • Turks and Caicos Islands+1649
  • Tuvalu+688
  • U.S. Virgin Islands+1340
  • Uganda+256
  • Ukraine (Україна)+380
  • United Arab Emirates (‫الإمارات العربية المتحدة‬‎)+971
  • United Kingdom+44
  • United States+1
  • Uruguay+598
  • Uzbekistan (Oʻzbekiston)+998
  • Vanuatu+678
  • Vatican City (Città del Vaticano)+39
  • Venezuela+58
  • Vietnam (Việt Nam)+84
  • Wallis and Futuna (Wallis-et-Futuna)+681
  • Western Sahara (‫الصحراء الغربية‬‎)+212
  • Yemen (‫اليمن‬‎)+967
  • Zambia+260
  • Zimbabwe+263
  • Åland Islands+358

    image

    Join the conversation and have your say on Thailand news published on The Thaiger.

    Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

    Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

    Leah is a translator and news writer for the Thaiger. Leah studied East Asian Religions and Thai Studies at the University of Leeds and Chiang Mai University.

    image

    Follow Thaiger by email:

    Thailand7 hours ago

    Thailand could drop its mask mandate by mid-June, says Ministry of Public Health

    Thailand7 hours ago

    Thailand News Today | Thailand to develop and launch monkeypox Test

    Bangkok7 hours ago

    Woman suffers burns as bus bursts into flames after brake failure

    Sponsored15 hours ago

    “Eat Out with Marriott Bonvoy”: enjoy food discounts all the way

    image
    Economy8 hours ago

    Fowl play by Malaysian cartels forces government to ban export of poultry

    Indonesia8 hours ago

    British Embassy sparks controversy in Indonesia by raising LGBT+ flag

    Phuket9 hours ago

    Phuket opens new prison facility with more space as demand increases

    image
    Join the conversation on the Thaiger Talk forums today!
    Politics9 hours ago

    Chadchart’s victory is a triumph for democracy says former PM

    Thailand9 hours ago

    Commerce Ministry says Thais should sell to Chinese customers on TikTok

    Phuket9 hours ago

    Thailand’s biggest new attraction “Andamanda” opens in Phuket

    Crime9 hours ago

    Scams are on the rise with over 1 billion baht stolen

    Bangkok10 hours ago

    AirAsia plane lands on wrong runway in Bangkok

    China10 hours ago

    The QUAD Summit in Tokyo – what is QUAD, who’s attending and what are they talking about?

    Thailand11 hours ago

    Luxury Parliamentary Club open for Thai MPs with spa, karaoke and massage rooms

    Guides11 hours ago

    Why you should visit a wellness retreat in Thailand

    Crime13 hours ago

    Thailand defends human trafficking record

    Thailand8 months ago

    Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

    Thailand1 year ago

    Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

    Tourism1 year ago

    Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

    Phuket1 year ago

    Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

    Tourism1 year ago

    Phuket Thai food treats you need to try | VIDEO

    Thailand1 year ago

    Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

    Tourism1 year ago

    In search of Cat & Dog Cafés in Phuket Town | VIDEO

    Thailand1 year ago

    Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

    Thailand1 year ago

    Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

    Thailand1 year ago

    Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

    Thailand1 year ago

    Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

    Thailand1 year ago

    Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

    Thailand1 year ago

    Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

    Thailand1 year ago

    Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

    Thailand1 year ago

    Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

    Trending