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New Thai institute for rice trade

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RICE
New institute for rice trade

Petchanet Pratruangkrai
The Nation

30240783-01_big.jpg
Chutima Bunyapraphasara

BANGKOK: -- Thailand's first Rice Trade Development Institute is set to be launched next year with the aim of fuelling industry growth and ensuring it is sustainable.

Chutima Bunyapraphasara, permanent secretary of the Commerce Ministry, said the institute should result in the sustainable development of every sector involved in the rice industry.

She said representatives of all industry stakeholders - government agencies, farmers, millers, packers, domestic rice traders and exporters - would be on a committee to draw up plans and strategies to develop the industry.

She said the institute would promote all aspects of the sector - plantations, production, and marketing.

All participants could share their ideas for the industry's development, while the committee's strategies could be adopted by all stakeholders so that they could comply with the institute's plan.

Under the plan, Chutima said the Budget Bureau would set aside Bt500 million for the first year of the institute's establishment.

She said the institute should get about Bt587 million from the International Trade Promotion Fund.

The government plans to promote the rice industry in every facet and Thailand has the potential to become the world's leader in plantations, seed development, polishing, and marketing, she said.

The institute would also help solve problems relating to duplication in the work of relevant government agencies. All agencies would work under the same umbrella and be steered by the institute.

Chutima said that to aid the long-term development of the industry, the military's ruling National Council for Peace and Order had also devised a project that aimed to reduce the cost of production and increase yield per rai.

"A rice seed bank will be established soon to support the production of high-quality rice grains for farmers," she said.

"The government has also set up a zoning system for rice cultivation and is encouraging farmers to grow other economic crops on land that is not suitable for rice."

Chutima said the Rice Policy Committee had recently agreed to set up a fund to help farmers if rice prices fall.

Source: http://www.nationmultimedia.com/business/New-institute-for-rice-trade-30240783.html

[thenation]2014-08-13[/thenation]

"The government has also set up a zoning system for rice cultivation and is encouraging farmers to grow other economic crops on land that is not suitable for rice."

 

A necessary step, not as simple as it sounds though. People are accustomed to living in a certain way, growing certain crops, changing that requires social change as well. A lot of people, maybe most, subscribe to the old "Better the devil you know than the one you don't" theory.

They have indeed inherited a very unenviable legacy from the last Thaksin government.

 

This is too little too late, and optimism although comes at no price, will not be enough to get the job done.

 

It is one thing to say, 'oh we can do this and can do that'... What about the HUGE elephant in the room? Shouldn't that be your first issue to tackle? Why start next year... You need to be a lot more pro-active than that. The biggest problem is about to raise its very ugly head over the next 2 or 3 months.

Edited by MrBlobby99

"Chutima said the Rice Policy Committee had recently agreed to set up a fund to help farmers if rice prices fall."

 

???? Really, populist policies are back again after only three months.

 

How much is this fund, how is it being funded, and how does the fund operate? On a broader question, where is the transparency and accountability of this newly-formed committee that now possesses such a fund and how is corruption going to be held in check? If this fund is going to essentially operate as a price subsidy, ie., make up the difference between market price and a guaranteed profit margin (remember the farmers wanted a 40% profit), the potential financial exposure to the government (and to the Thai people) will be no different than it was in Yingluck's rice pledge program - unlimited.

 

 

"Chutima said the Rice Policy Committee had recently agreed to set up a fund to help farmers if rice prices fall."

 

???? Really, populist policies are back again after only three months.

 

How much is this fund, how is it being funded, and how does the fund operate? On a broader question, where is the transparency and accountability of this newly-formed committee that now possesses such a fund and how is corruption going to be held in check? If this fund is going to essentially operate as a price subsidy, ie., make up the difference between market price and a guaranteed profit margin (remember the farmers wanted a 40% profit), the potential financial exposure to the government (and to the Thai people) will be no different than it was in Yingluck's rice pledge program - unlimited.

 

 

 

Complete twaddle.

 

If you read the Op you would clearly see how it is to be funded and it goes on to explain - in broad terms - it's aims and inclusiveness. It may be late but it is badly needed and has absolutely nothing to do with populist policies - if you even understand the term.

 

I applaud this move, particularly if the low yields and overproduction issues can be tackled.

 

This is a research institute and your straw man inventions are nowhere to be seen in the Op piece.

 

Did you even bother to read & try to understand the Op?

 

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