Rice farmers are waiting anxiously for money from the government for their pledged crops. And taxpayers are also feeling that they are being robbed in broad daylight by the government which has defiantly dismissed all the warnings about the flaws of the rice-pledging scheme.
A worker loads rice grains onto a truck at a rice mill in Ayutthaya Province. Despite overwhelming criticisism against the bleeding rice pledging scheme, the caretaker Yingluck government vows in its election policy platform to push ahead with its controversial policies. Bloomberg/Dario Pignate lli/Bloomberg
In fact, several parties such as academics, mill owners, officials at the Finance Ministry, the Bank for Agriculture and Agricultural Cooperatives as well as the National Anti-Corruption Commission (NACC) voiced serious concerns over this controversial scheme which offers 15,000 baht per tonne of pledged rice — 40-50% higher than the market prices. But Caretaker Prime Minister Yingluck Shinawatra simply did not listen to them, nor did she make any response to the concerns.
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