Long-term risk of rice pledging | Bangkok Post: opinion

Opinion > Opinion

Long-term risk of rice pledging

  • Published: | Viewed: 2,329 | Comments: 4
  • Newspaper section: News
  • Writer: Sutapa Amornvivat
- +

Once again the government's flagship rice-pledging scheme has returned with a vengeance to the front pages and public debate, as the cabinet approved a budget of 405 billion baht to extend the programme into its second year, until September 2013. Conditions remain essentially unchanged. 

One of many rice mills in Ayutthaya which has joined the government’s rice pledging scheme. But investors rather than producers look to be the beneficiaries of the programme.

Thus far, Thailand has already spent 260 billion baht on subsidising rice prices. About 26 million tonnes of paddy is expected to enter the new pledging round.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

4 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments