Rice agencies, farmers hash out subsidy details | Bangkok Post: business

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Rice agencies, farmers hash out subsidy details

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A conclusion on how much of a subsidy each rice farming household will receive has not been settled, but an academic warns the junta it should focus on the quality of fertiliser if it decides to subsidise the product. 

Bang Palasan (in orange shirt), a farmer in Khon Kaen, shows the 100,000 baht she was paid yesterday by the BAAC for rice pledging. BAAC president Luck Wajananawat said this was the final payment under the scheme. Some 89.9 billion was paid to 838,538 farmers.

“We disagree with any plans to control fertiliser prices, as their prices for rice plantation are now quite competitive and the import tariff is waived,” said Nipon Poapongsakorn, a distinguished fellow at the Thailand Development Research Institute.

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