Five types of rice covered by new price-guarantee scheme

[rooster59]

Five types of rice covered by new price-guarantee scheme

By THE NATION

 

 

The National Rice Policy Committee has approved a rice price-guarantee scheme for crop year 2020-21 for five types of rice with effect from September 1 until the end of harvesting season in May 2021, Deputy PM and Commerce Minister Jurin Laksanawisit said on Friday (July 17).

 

 

The five types of rice to be guaranteed under the scheme are:

 

▪︎ Hom Mali rice from the Northeast is guaranteed Bt15,000 per tonne up to 14 tonnes per household.

 

▪︎ Hom Mali rice grown elsewhere is guaranteed Bt14,000 up to 16 tonnes.

 

▪︎ Round rice is guaranteed Bt10,000 up to 30 tonnes.

 

▪︎ Hom Pathum Thani rice is guaranteed Bt11,000 up to 25 tonnes.

 

▪︎ Glutinous rice is guaranteed Bt12,000 up to 16 tonnes.

 

“The committee also approved the measure to slowdown the sale of rice when there is excess supply in the market which could result in the price plummeting,” said Jurin. “Farmers who hold on to their rice stocks instead of selling them will be compensated at Bt1,500 per tonne. In case the farmers have submitted their produce to a cooperative, the compensation will be shared between the cooperative [Bt1,000 per tonne] and farmers [Bt500 per tonne].”

 

“Furthermore, the government will support 3 per cent of interest for millers who apply for loan to buy the rice and keep in their stock instead of selling while there is oversupply in the market,” added Jurin.

 

“Lastly, the committee agreed to rename 'harvesting subsidy' as 'rice management and quality improvement subsidy', which is paid at Bt1,000 per rai, up to 20 rai per household,” said Jurin. “Previously the harvesting subsidy created confusion as to whether or not the farmers were entitled to the money in case the paddy was damaged by natural disaster and could not be harvested.”

 

Source: https://www.nationthailand.com/news/30391533

 

-- © Copyright The Nation Thailand 2020-07-18

 

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[Grumpy John]

From behind the darkened curtain Yingluck can only stare and laugh!  ????????????

[Misterwhisper]

A price-guarantee rice "scheme"... wasn't that one of the reasons why they kicked out the pretty one? And now, it seems, the "scheming" has come full circle. Again.

[Anna Rak]

You have to laugh, they got rid of Yingluk because of the guarantee price for rice and now full circle.

The reality is, she is a Thaksin, and had her brothers mentality of looking after the real people of Thailand, not the exclusive elitists in Bangkok, who only want to fill their own pockets with however much they can get in their brown envelopes without a care for who or what they are going to leave behind.

 

There needs to be a complete overhaul of the system so that democracy means democracy, the army should have it's ability of removing a political party by way of a coo disgraced and set into law, so they cannot interfere any more, then they should be ordered by the democratically ELECTED government to go and guard the country, it's borders and not play politics. This country which I have a great deal of affection for is falling into disarray because of this jumped up JUNTA!

[hotchilli]

Price fixing again... let the free market dictate the price and stop meddling !

[puipuitom]

Reason the more to buy from Vietnam and Cambodia ?

MY opinion: much wiser to invest in efficiency and economic agriculture + processing.

[hotchilli]

12 hours ago, puipuitom said:

Reason the more to buy from Vietnam and Cambodia ?

MY opinion: much wiser to invest in efficiency and economic agriculture + processing.

That's not the Thai way, keep producing the old fashion way instead of modernising and make up the difference with a subsidy.

Nothing changes.

[Andycoops]

The hypocrisy is staggering.

They filed charges against the Taksins for doing the same thing.

I hope when a real democratically elected government gets in it pursues the current incumbents according to precedent.

[bodga]

14 hours ago, Anna Rak said:

There needs to be a complete overhaul of the system

Its the people that need  the overhaul, too many Thais  will be happy to get along with corruption if it advances them, from the tiniest amount to the largest, its ingrained throughout the whole of this rotten society.