The measure was approved by the Cabinet during its mobile meeting in Phuket on November 3. More than 4.5 million farmers applied for the subsidy.
"According to the Department of Agriculture Extension information, 4,576,586 rice farmers with 60,817,850.83 rai of cultivated areas registered for benefits under the measure," the bank said.
Rice farmers can check their subsidy transfer status at the website chongkho.inbaac.com by using their ID card number.