Rice schemes have left trail of devastation down the years

Each has said that Thai farmers would reap benefits from such a scheme. Each set the rice price higher than the world-market price. However, the results have brought Thailand nothing but huge losses.
In the past nine years, under five governments, Thailand has lost at least Bt489.934 billion from rice-subsidy schemes. This proves that government’s policy is inefficient. The new government should seriously consider whether or not the rice scheme should continue or should be cancelled.
Chochat Siripong
Chiang Mai