No wonder they say it's a good idea

WEDNESDAY, SEPTEMBER 25, 2013
No wonder they say it's a good idea

Shwe Mann, speaker of Myanmar's parliament, encourages the Thai government to continue assisting farmers via the rice price-pledging scheme.

This is indeed laughable. Why only Myanmar? I’m sure all farmers, millers, exporters and government leaders in Pakistan, India, Vietnam and Cambodia are strongly supporting and praising the Thai government’s rice price-pledging scheme. It is because of this stupid scheme that all these countries are exporting more rice and taking market share and money away from Thailand. In short, the Thai scheme favours everyone except Thai farmers, millers and exporters. This policy was introduced purely to win the last election, and there it proved a grand success. Reducing market share, reducing revenues, closing of rice mills and export companies, and incurring huge debt are just some of the adverse effects of the policy. 

When will better sense prevail? But then, this is Thailand!
Rakesh Sodhia
Bangkok