Budget 2024: Government’s Solution to Poverty and the 100 Billion Cows Project Explained by Deputy Prime Minister Somsak

2024-01-03 15:51:00

“Somsak” explains to the House of Representatives on the agenda for consideration of Budget 2024, confirming that the government has a solution to poverty according to the Prime Minister’s slogan “Lead market, additional innovation, increasing income”, promoting “100 billion cows” to feed 500,000 families, expected that in 10 years, villagers have 178 cows. From the beginning of 2 numbers, announced 4 years ago, Village Fund members disappeared into poverty.

Mr. Somsak Thepsuthin, Deputy Prime Minister Clarified at a meeting of the House of Representatives During consideration of the draft Budget Expenditure Act for Fiscal Year 2024 that as he oversees the National Village and Urban Community Fund and the Southern Border Provinces Administrative Center (SBPAC), he would like to clarify the issue of solving the problem. Poverty says It is one of the government’s policies. Because Mr. Settha Thavisin, Prime Minister, has a policy to generate income. including agriculture, fisheries, and livestock, with the slogan “Leading markets, additional innovation, and increasing income.” He therefore wanted to point out that the Prime Minister’s slogan is true and can be done.

Mr. Somsak said that the Village Fund and SBP have developed projects and changed policies. In order to be in line with the Prime Minister’s policy, the SBPAC has prepared a budget for 2024, in addition to emphasizing peace in the southern border provinces. It also focuses on developing the grassroots economy with a budget of 590 million baht, along with an integrated plan to drive solutions to problems in the southern border provinces of 444 million baht to focus on reducing poor households. Ready to increase the income of the people in the area. By pushing towards a livestock city By promoting the cultivation of new types of economic animals. that are soft power, such as laying eggs, caged birds, premium cows, as additional occupations

Mr. Somsak said that for the village fund The budget will be used to support farmers’ poverty problems. In the 100 Billion Cattle Project, it is expected that farmers who raise cattle in the project There will be income within 4 years. The project will support a loan of 50,000 baht per family to raise 2 cows per family. It will be piloted in 500,000 households and will bring additional innovations to use. Using artificial insemination technology to be a helper Produce breeds of cows that create added value This is a project that uses a very small budget because the government will support only a small amount of interest. The farmers who join the project in the 4th year will have up to 10 cows from the starting 2, which will bring in an income of 250,000 baht and if calculated throughout the country. It will be worth up to 125,000 million baht.

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“I would like to announce that in the 4-year policy, Village Fund members will not be poor because if they raise them for 10 years, from starting with raising 2 cows, there will be 178 cows worth more than 4,450,000 baht. It can be seen that Poverty resolution It doesn’t always have to be a large budget. which asks us to be committed, determined, and sincere in solving problems We also need to be confident in clear government guidelines. and solving poverty problems It can be done,” Mr. Somsak said.

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