Govt to continue rice pledging scheme | Bangkok Post: news

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Govt to continue rice pledging scheme

The government will continue with its rice price pledging scheme because most rice farmers like it, Commerce Minister Boonsong Teriyapirom confirmed on Thursday.

He was responding to comments by an academic at the National Institute of Development Administration (NIDA) that he and his colleagues plan to  submit an open letter to Prime Minister Yingluck Shinwatra, asking her to scrap the scheme.

Mr Boonsong said continuing the scheme was not a violation of the charter and the government is not running rice trading business as alleged.

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Your comments

  • Discussion 7 : 20 Sep 2012 at 15.167

    As long as the majority of the voters keep supporting this government this will go on till nothing is left. It is frightening to see with what confidence corruption is more and more openly practiced and pulled through wherever possible. Voters, the solution is in your hands.

  • Discussion 6 : 20 Sep 2012 at 14.536

    "cause most rice farmers like it" I believe most farmers were saying when they try to sell their rice they got less than what the government promise. I believe numerous independent agencies have said its a total failure. I believe even MPs in the TRT admitted that it was a failure. I believe YS admitted there were "loopholes".

  • Discussion 5 : 20 Sep 2012 at 14.225

    By the way just out of curiousity , who were the top ten rice producers in Thailand this year and how much did they reap due to this sceme , in comparison to what they would have earned under "real market values" ?
    Amazing this question hasn`t been asked , i mean if it`s all above board and transparent for the benefit of the Kingdom and all Thais ?

  • Discussion 4 : 20 Sep 2012 at 14.164

    Mr Boonsong said continuing the scheme was not a violation of the charter and the government is not running rice trading business as alleged.

    Corruption in non-transparent populist policies and scams , i mean scemes , is though , surely ?

  • Discussion 3 : 20 Sep 2012 at 14.133

    Of course they like it , it`s free taxpayer funded inflated top price !
    Does that make it good policy or a now 680 billion baht black hole with corruption written all over it ?
    Taxpayer funded money , now gone forever !
    One question , how much rice do the shinawatras themselves produce each year and what is the bottom line in what they made in comparison to what they would have made at market prices ?
    What about the missing 200 million baht worth of rice , yingkuck , anyone ?

  • Discussion 2 : 20 Sep 2012 at 13.542

    There's no way stopping these clowns running the country into the ground. Anyone with half a brain knows that this scheme is no more that a band aid put on a festering wound. That wound is the millers and middlemen who are laughing all the way to the bank, leaving the farmers with a couple of crumbs and the same situation next in the coming year.

  • Discussion 1 : 20 Sep 2012 at 13.481

    Of course they continue, it pays well.

    "Mr Boonsong said it is not a violation of the charter in going ahead with the scheme and that the government does not running rice trading business as alleged."

    No, they are not running rice trading business. They only buy it from the farmers and then sell it under government to government deals (without telling anybody at what price, so nobody knows how much goes in who's pockets). See, they are only working out good deals with other governments. No business, beware, no!

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