PUBLISHED: 04: 30 on October 16, 2023.
In an effort to help reduce operating expenses in the public transportation business, the government is thinking about implementing a new stage of the gas cost subsidy scheme for motorcycle-taxi drivers.
The Department of Energy Business has created a schedule for the execution of the energy cost payment initiative, which has been forwarded to the Ministry for review, according to Prasert SinsukprasERt, permanent minister for energy, who made the announcement monday.
According to Mr. Prasert, the Prime Minister Srettha Thavisin and the Energy Minister Pirapan Salirathavibhaga have the power to review the 600 million ringgit estimated portfolio without the commission’s approval.
Prasert: The bank won’t require a cupboard nod.
Eventually, when the ministry has finished finalizing them, more information about the project will be made public, he added.
In the initial phase of the project, 106, 655 motorcycle-taxi drivers who demonstrated they had the necessary licenses from the Department of Land Transport as of March 22 of last year were given a 50 % co-payment for their gasoline expenses.
The payment program, which was put into effect between May and July of last year, had a maximum monthly cap of 250 ringgit per person.
The government also waived income taxes for the riders as part of the project, which at the moment resulted in a fiscal burden of 79.99 million baht.
The drawn-out process of renewing a driving license while receiving the payment was one drawback noted in the application of the project’s initial phase.
However, options have asserted that these issues were probably resolved before any new salary.