Farms 'need big shake-up' | Bangkok Post: business

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Farms 'need big shake-up'

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The agricultural sector, particularly the rice segment, is in critical need of a structural overhaul, analysts told a seminar hosted by the Thailand Development Research Institute (TDRI). 

It should apply more technology to boost productivity while in the long run scrapping the capital-intensive rice pledging scheme that could leave huge debts.

"In a move to raise farmers' sustainable income, more technology and machinery need to be applied, while certain workers should be encouraged to work outside the sector," said Nipon Poapongsakorn, a distinguished fellow at the TDRI.

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