B400m to be set aside for pledging | Bangkok Post: news

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B400m to be set aside for pledging

GOVT CLAIMS RICE STOCK IS BEING SOLD

Subsidising the rice pledging scheme for the 2012-2013 crop year is expected to cost the government 400 billion baht.

Prime Minister Yingluck Shinawatra said yesterday cabinet would consider setting aside 400 billion baht for the Commerce Ministry to buy rice from farmers.

Ms Yingluck also pledged to tighten regulations to ensure transparency in the pledging process. She earlier admitted there have been attempts to defraud the scheme.

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Your comments

  • Discussion 33 : 17 Sep 2012 at 21.3433

    christianl - "You, and others, might want to read up a bit before getting all righteous about the level of corruption in the rice scheme here."

    Sorry, I won't stop getting all "righteous" about the level of corruption in Thailand. We're discussing Thailand, on a Thailand forum of a Thailand English speaking paper. Stop being all "righteous" about saying corruption is okay here. It's not. Period.

  • Discussion 32 : 17 Sep 2012 at 09.2032

    brilliant

    "The Common Agricultural Policy, itself a totally inefficient waste of resources, is riddled with corruption. About 5% of the budget is lost to various frauds, from non-existent tobacco farms to imaginary decontamination plans to deal with Chernobyl. Another 5% is misappropriated. The cost to EU taxpayers is over £5 billion pa."

    From democracymovementsurry.co.uk

    You, and others, might want to read up a bit before getting all righteous about the level of corruption in the rice scheme here.

  • Discussion 31 : 17 Sep 2012 at 06.5131

    brilliant

    Not that I would EVER think that the EU and US systems are corruption free, but sure, probably less so than here. What the story and many commenting seem to focus on is the genreal wastefulness and uneconomic nature of the scheme first and foremost. ANY scheme will be riddled with corruption here in Thailand. So you mean that if there was less charges of corruption connected to this scheme, this article would never have been written, and if it had, the comments here would all be in favour of the scheme and against the author of the article?
    I don't like this scheme at all, but it's not worse in any way (except for the alleged corruption) than the farm subsidies we have in the EU and the US, which are THE worst and most wasteful EVER.

  • Discussion 30 : 16 Sep 2012 at 23.3130

    christianl - does the EU lose at least 50% of that amount to corruption? Doubt it. People are angry at the massive amounts of money lost to corruption, not necessarily the amount of subsidies. If 95% of it reached the intended farmers it might be different.

  • Discussion 29 : 16 Sep 2012 at 23.2229

    A lot of independent agencies has continue to say the Rice Pledging Scheme is a total failure. Yet the PTP says otherwise, history has also proven that this scheme is not sustainable and full with corruption back in the TRT days.

  • Discussion 28 : 16 Sep 2012 at 21.2128

    Of the EU's total budget, 47 percent goes to farm subsidies. Which is insane. The rice pledging scheme here in Thailand is also insane, only less so since at least a large part of the population in Thailand are farmes. In the EU, it's around 5 percent, and they account for 1.6 percent of generated GDP. 5 percent that gets 47 (!) percents of the total budget in subsidies. The situation in the US is just slightly less wasteful and crazy, but it's guaranteed to be worse than here in Thailand. Do I even need to mention the completely insane corn/ethanol debacle?

    So, if there are any fellow americans or EU citizens here commenting, when was the last time you showed your outrage, demonstrating in the streets of our home countries? Or even just produced some angry commentary on the internet? About these wasteful and (with the distortions these policies also bring to the agricultural markets around the world, usually hurting poorer countries that actually rely on farming) even immoral policies?

    If the answer is never, then why all the upset voices here?

  • Discussion 27 : 16 Sep 2012 at 20.2127

    So that was 280 Billion , now another 400 Billion , wow what a scam , i mean sceme , 100% by the phuyai of all the scammers and scemers !

  • Discussion 26 : 16 Sep 2012 at 19.5026

    We all expect our governments to be deeply corrupt (after all, this is Thailand) but PT now look embarrassingly stupid as well as corrupt.

  • Discussion 25 : 16 Sep 2012 at 18.5625

    "Meanwhile, a police investigation into missing rice worth 200 million baht at a warehouse in Nakhon Ratchasima is expected to be concluded in a month."
    The conclusion might be 'eaten by rats'...

  • Discussion 24 : 16 Sep 2012 at 18.5324

    Discussion 16,
    The taxpayers should go on the streets not on strike.

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