Govt pushing policies to lift standard of living of 14m low-income people

By The Nation

 

 

The government aims to raise the quality of living of some 14 million registered lower-income people by using state-owned banks to provide loans to them to create communities business, Deputy Prime Minister Somkid Jatusripitak said.

 

 

Somkid on Saturday opened a seminar on “Join forces to drive sustainable economic development; Pracharat creates Thailand” at Impact Muang Thong Thani.

 

“We are holding this event to forge collaboration between the private and public sectors to find ways to improve the quality of living and income of the country’s lower-income people,” Somkid said at the seminar.

 

The event brought together 2,400 representatives from both the public and private sectors and communities nationwide.

Finance Minister Uttama Savanayana said at the same seminar that the Finance Ministry would announce measures to motivate the private sector to participate in communities development.

 

“When we talk about developing the agricultural processing industry, the private sector has to join hands with us to develop products and marketing. This means we have to forge cooperation between the public and private sectors,” he said.

 

He added that the ministry has continued to develop big data and integrate the data to support lower-income people.

Some 14 million people are now registered with the government as low-income. The Finance Ministry’s Treasury Department is also finding vacant lands to make them available to serve as markets for the communities to sell their products.

 

“We also have a policy to use state-owned institutions such as Government Savings Bank, Bank for Agriculture and Agricultural Cooperatives, Tourism Authority of Thailand and others to find ways to create jobs for lower-income people in the country,” he said.

 

Uttama said the government’s policy was aimed at improving the quality of living of lower-income people who would be the base to improve the country’s sustainable economic growth.

 

Source: https://www.nationthailand.com/business/30376543

 

-- © Copyright The Nation Thailand 2019-09-22

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Out in the remote areas of the country the education centres (schools) prepare the kids for nothing and they will go on to be just like their parents, uncles and aunties, unable to find anything more than part time unskilled labour. They will plant corn in the hills where there used to be forests, lie about their income and accept some small govt handout as they scratch around to make a living. Its the good old feudal system.  

Kermit deep in thought umm! lightbulb on "loans" for the poor "Genius" ????

The only businesses most seem to come up with is either a small store, noodle shop, coffee shop or hairdresser. As soon as a business pops up and seems to be making money, then 2 or 3 copies spring up in the village and then no one makes any money.

They don't need loans as there is too much Household debt already; they need jobs which are paid at least double the daily minimum rate, Industry needs to be building Manufacturing and Processing Factories in more Rural area's and not using local people as Slave Labour.

 

There is plenty of manual work that needs doing, like burying all the Electricity Cables underground and digging proper Sewerage Systems leading to Treatment Plants that need to be built, providing more jobs paid at decent rates of pay.  The Government could be spending money on all these different things instead of constantly buying expensive Military Equipment that the country doesn't need !