Thai government eyes power subsidy for low-income earners
The Thai government plans to allocate more than 11 billion THB (over 320 million USD) to subsidise low-income earners with their power bills for four months, starting in May.
Bangkok (VNA) – The Thai government plans to allocate more than 11billion THB (over 320 million USD) to subsidise low-income earners with theirpower bills for four months, starting in May.
However,the matter must be sent to the Election Commission (EC) for consideration beforea final decision is made, local media reported.
Speakingafter a cabinet meeting on April 25, Caretaker Prime Minister Prayut Chan-o-chasaid the government is trying its best to address the problem of costlyelectricity bills for households.
UnderSection 169 of the Constitution, a budget allocation for emergencies approvedby an outgoing cabinet after a House dissolution must be endorsed by the pollagency first.
Earlier, the government has already provided a 3.2-billion-THB subsidy for vulnerablegroups – such as low-income earners and households that consume fewer than 300units of electricity per month from January to April. They also get a cut-offfrom the fuel tariff before the value added tax calculation.
According to government spokesman Anucha Burapachaisri, thesubsidy plan will apply to households that consume less than 300 units permonth. Those that consume 1-150 units a month will get a reduction of 92.04satang (0.026 USD) per unit while those using 151-300 units will be given a reduction of67.04 satang per unit, he said.
About 7.6 billion THB will be drawn from the 2023 budgetfor emergency purposes to finance the plan and about 18.36 million householdswill benefit from the scheme.
The government also plans to give a reduction of 150 THB before VAT to households using no more than 500 units per month, which is validfor May only.
Anucha said m🌠ore than 23.4 million households will benefitwith funds of no more than 3.5 billion THB from the 2023 budget./.
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Illustrative image (Photo: Internet) 
