Govt to continue rice pledging

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Published: 20 Sep 2012 at 15.44
Online news: Local News

The government will continue with its rice price pledging scheme, despite calls by economists to end it, 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 a rice trading business, as alleged.

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khunbj
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Discussion 17 : 21 Sep 2012 at 07.4917
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Ok, so it is not free to support Thai farmers, but what is the real price for the show ? Let's get some data on the table, what amount of rice is being purchased, at which price ? What amount of rice is being exported and to which price ? What is the size of the stockpile of rice and what is the expected sale price ? What is the cost of storing the rice....should be possible to get these data made available so we can have a discussion about what it cost to have this scheme. At the same time we need to know where the money would have come from to support farmers if they had not had this scheme, and the projected cost for that.
At the same time list the cost for the kingdom supplying gas/fuel below cost to consumers , support for rubber industry, pineapple and whatever else is benefitting from state support.
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whatajoke
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Discussion 16 : 21 Sep 2012 at 06.3216
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I'm quite sure the farmers do like the scheme! That's democracy fr you, the advice of academics is worthless compared to the opinion of millions of farmers who get a bit extra in their pockets. Now, how about we all refuse to pay our taxes until our money is better spent, personally I like the 'scheme' where I just deduct the VAT from my shopping bill and hand it over directly to my local rice farmer here, far more effective, I'll even happily tell him to vote PTP of it means a more efficient redistribution of wealth.
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spiceman
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Discussion 15 : 21 Sep 2012 at 05.4715
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Khun Dickemery #2, have you ever wondered why the big-state-socialistic countries, once existed, like the Soviet Unions, along with its Eastern Blog countries, and the Old China went bankrupt not too long ago? Or why Greece is looked more and more like a failed state, or why the US, Spain, Portugal, and Spain are on the verge of economic collapses, despite of bailouts after bailouts? Is it because big Govt economic schemes like this didn't, don't, and will never work? If you think the farmers are excessively taken advantage off by the middlemen, why don't we encourage the farmers to band together, so they can have more bargaining power? Or they can operate their own silos, and mills, in order to earn the most income through vertical integration? If what is going on in the EU and the US, is any indication, the Rice Pledging Scheme will go down in flame, costing everybody arms and legs. Or do you think, we are smarter, and less corruptible people, than those Europeans and Americans?
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spiceman
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Discussion 14 : 21 Sep 2012 at 04.0714
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All it takes is another big flood like last year, and all the stockpile will be wasted down the drain. The beauty of the Free Mkt system is that it keeps just the right amount of inventory based on level of sales, which reduces this kind of risk to a minimum.
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dao
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Discussion 13 : 20 Sep 2012 at 22.3213
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The rice scheme is a vote buying scam which will result in stock piles of rice rotting in warehouses or given away .What a shame the governemnt has to buy votes with these economy destroying scams instead with winning hearts with smart innovation .
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englishbob
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Discussion 12 : 20 Sep 2012 at 22.2112
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DomDunn - is that acceptable then? Is the 'reality of politics' a sufficient excuse for ineptitude? Corruption? Cronyism? Blatant abuse of power?

When the Dems formed an alliance with smaller parties, they didn't break any laws. They were acting within the 'realities of politics'. So by your own definition, what were the Reds protesting about? Or does the definition only refer to PT actions? Try to defend the rice scheme... And try to see the obvious parallels. Can tax payers now bring guns and grenades to Bangkok in protest at how their money is being used to bribe voters?
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aussie
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Discussion 11 : 20 Sep 2012 at 21.0811
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Govt to continue rice pledging

Whether you like it or not , allright !
Red`iculous scam , i mean sceme !
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genii
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Discussion 10 : 20 Sep 2012 at 21.0610
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Make the rich richer or help the lower income farmers.
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aussie
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Discussion 9 : 20 Sep 2012 at 20.479
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Makes one wonder how much rice the man from far away produced this year ?
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aussie
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Discussion 8 : 20 Sep 2012 at 20.468
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Dis#1 , though , Scam would be even more apropriate !
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Govt to continue rice pledging | Bangkok Post: news