Rice pledging prices approved

Rice pledging prices approved

The cabinet has approved a total budget of 270 billion baht for the government’s rice pledging scheme, Deputy Commerce Minister Yanyong Puangraj said on Tuesday.

The cabinet also approved rice pledging prices for 2013/14 harvest season as proposed by the National Rice Policy Committee, he said.

The pledging price for in-season normal paddy is set at 15,000 baht a tonne and the total value is capped at 350,000 baht per household. The rice programme for in-season paddy runs from Oct 1, 2013 to Feb 28, 2014, said Mr Yanyong.

The price for off-season paddy in the 2014 harvest season is set at 13,000 baht per tonne, with the value capped at 300,000 baht per household, he said.

Do you like the content of this article?
COMMENT (2)