Rice scheme is 'pro-rich'

News > Local News

TDRI says pledging puts entire industry at risk

Published: 8 Aug 2012 at 00.00
Newspaper section: News

The government rice pledging programme is rife with corruption and inefficiency, putting the entire industry at risk unless changes are made, local economists and rice experts said.

Ammar: Policy added to hardship of poor

One of the most important economic policies of the Yingluck Shinawatra government, the programme represents a guarantee by the state to purchase unlimited amounts of rice from local farmers at prices as much as 50% higher than market value.

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banmebkk
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Discussion 38 : 09 Aug 2012 at 19.1038
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All the PTP polices are indeed favoring the middle class and the rich. First car purchase and first house. All were trying to gain support from the middle class. There is no limitations that you have to make under a certain amount to qualify. As long as you never bought a car or own a house, you can get the rebates.

People who normally can't afford a car or house are tempted to buy, in the end many lose the car / house and become in debt because the offer is too tempting to refuse but they can't keep up with payments.
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lazar
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Discussion 37 : 09 Aug 2012 at 01.1937
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D35 is spot on.

All that human sacrifice During the Bangkok riots was in vain.

I dont believe they purposely gave their lives so their families could enjoy a 7.5m baht handout.

Brainwashing does not teach capitalism.
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jgriff
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Discussion 36 : 08 Aug 2012 at 22.2436
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Disc 9 Did you read the article? Still blinded by the red light?

Disc 10 Did you read it too? "Farmers are forced to accept lower prices or risk losses due to spoilage, he said. Rules against the cross-provincial sale of paddy also limits options"
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jaydee
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Discussion 35 : 08 Aug 2012 at 19.3435
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Having lived in Bangkok through the Red-shirt riots and seen the videos of all the men accepting payment for their part in the protests I can't help but read this and think it serves them right.
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teecee
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Discussion 34 : 08 Aug 2012 at 18.3434
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englishbob: Disc,32. Welcome to the E.U.'s C.A.P. - where farmers make fortunes by NOT growing things!
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cocoricco
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Discussion 33 : 08 Aug 2012 at 17.4433
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Indicative of the incoming collapse when the nations politics are dictated by a one man show and ego that resides in exile, so sad`but all predictable. The poor, will become much poorer, their Kharma for trusting and fighting for a convicted criminal for enriching himself. Now Sis leading the legacy.
It's all so predictable and was for seen, but the PPT had to do some payback for their dubious democracy in Is-san and the north. PPT equals Thailand 30 years ago/ So arrogantly shamefull.
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englishbob
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Discussion 32 : 08 Aug 2012 at 14.1632
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Disc27 - The price of a commodity is $100. You buy it at $200.

How is that a 'good scheme'?

Why not tell the farmers not to grow rice and give them $75? You just spent less money and the farmer had to do nothing at all for his handout.
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dao
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Discussion 31 : 08 Aug 2012 at 14.0331
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Farmer owned cooperative rice mills is the answer so they cut out the greedy middleman . Ok lets start now .
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teecee
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Discussion 30 : 08 Aug 2012 at 13.5330
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Soltair: Disc 16, You wrote .... "if the Bangkok Post peoples answers was a indication, the PTP would be history long ago"
You are probably right! . .... but the problem is that BP readers are only a very tiny percentage of the Thai population - and almost exclusively represent Bangkok "fat cats" - and not the dirt poor farmers who are at the receiving end of every injustice.
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drsmith
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Discussion 29 : 08 Aug 2012 at 13.1929
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D25 the government politicians are the middle men.
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Rice scheme is 'pro-rich' | Bangkok Post: news