Sunday, October 14, 2012

Rising oppositions of Thai government policy on rice price guarantee

In the past few weeks, there have been news in Thai language when many Thai scholars voiced their opposition to the attempt by current Yingluck Shinawatra government to guarantee price of Thai rice grains, known in Thai as "Rice Pawning" or จำนำข้าว .
Recently there was a group of "rice farmers", I read that it was organized by some Red Shirt leaderships, protesting "Shutting down" in front of NIDA, a recognized Thai university, for they did not like that many scholars had unified and came out to oppose the government 's policy.
There have been reports in the news that there were corruptions at "every" level.   There was a news of police arrested of people involved in a scam where Cambodian rice were imported and sold in disguised as Thai rice grains to get a better price from Thai government.  Stocking locations and unknown amount of stocked rice were also under heavy skepticism.  An interview by some politician, that a G2G sale plan of government's stocked rice to foreign governments was classified, did not help either. Today, a former Thai finance minister, Mr. Theerachai, also voiced his opposition on the popular -pleasing policy in his FB post, saying that it might bring future Thai economy toward those of many European countries in crisis.

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