Tag: rice-pledging policy

TDRI details apparent costs of rice pledging programme, including Bt111 billion in corruption

TDRI details apparent costs of rice pledging programme, including Bt111 billion in corruption

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The Thailand Development Research Institute found that the country spent up to Bt985 billion buying 54.4 million tonnes of paddy in two and a half years under the scrapped rice-pledging scheme but most of the Bt560-billion producer surplus went to medium-to-large-scale farmers. According to the paper “Corruption in the Paddy Pledging Policy”, which was compiled […]

‘Replace subsidy system with welfare system’

‘Replace subsidy system with welfare system’

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THE NATIONAL COUNCIL for Peace and Order should replace the country’s subsidy system, including the rice-pledging policy, with a welfare system that would cover all people and the poor in particular, Nipon Poapongsakorn, a distinguished fellow at the Thailand Research Development Institute, said yesterday. An administrative system should be set up to run the social […]