Thailand’s Poor People Get Giveaway Cash From Govt.

10 Dec, 2016 16:59 IST

Nearly seven million people have been categorised as “impoverished”

Bangkok: Nearly seven million people, officially categorised as "impoverished", are receiving giveaway cash from government banks throughout Thailand.

Under a condition set by Thailand's Ministry of Finance, those who earn not more than 30,000 baht (around USD 857) per year are entitled to 3,000 baht (USD 85.7). Those who earn more than 30,000 baht but less than 100,000 baht (USD 2,857) per year are entitled to 1,500 baht (USD 42.8) in giveaway cash.

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Thai Prime Minister Prayut Chan-o-cha earlier commented that the government’s grant was not a populist campaign and that it was merely meant to help stimulate the country’s grassroots economy

According to an official of the ministry, about 8.27 million Thais had earlier filed for the government's grant nationwide. However, 6.98 million of those people were certified by the authorities as eligible to the giveaway cash, the official said.

Thai Prime Minister Prayut Chan-o-cha earlier commented that the government's grant was not a populist campaign and that it was merely meant to help stimulate the country's grassroots economy.

IANS