Yanyong: Rice farmers will get money

The government will try its best to make a payment as soon as possible to farmers who are still unpaid for their crops pledged under the rice scheme, caretaker Deputy Commerce Minister Yanyong Puangraj said on Tuesday.

The government is now in the process of raising 130 billion baht in loans to pay the rice farmers suffering from the payment delay, he said.

Mr Yanyong called on growers to understand the difficulties of the caretaker government, as it has no authority to immediately make the payment to the affected farmers, as they demand.

He said the government had already spent 780 billion baht on its rice pledging programme over the past two years without any problem.

But after the dissolution of the House of Representatives, the law prohibits the caretaker administration from making any move that might place a debt burden on the next government, he added.

Some groups of people were now trying to use this legal limitation to obstruct the caretaker government from acquiring loans to pay rice farmers, by blocking the entrances to the Finance Ministry, the Bank for Agriculture and Cooperatives, the Government Savings Bank and the Krung Thai Bank, he said.

The caretaker deputy minister said he was confident that any delay in the planned Feb 2 election would not have any impact on the government’s moves to make payment for rice farmers.

Many farmers complain they have still not been paid for grain pledged as long ago as October, and are deeply in debt as a consequence.

Share your thoughts

Discussion 1 : 29/01/2014 at 12:13 AM
unfortunatley they are
Discussion 2 : 28/01/2014 at 05:32 PM
The law is of no concern to these obvious crooks.
Discussion 3 : 28/01/2014 at 04:01 PM
The rice debt is now 780 billion baht, when a 500 billion baht cap on the money spent on it was supposed to be in place, and now another 130 billion baht in illegal loans on top of that brings the total close to 1 trillion baht in rice debt in just a little over 2 years, and with nothing to show for it but some rotting rice. the only people buying it now, at a huge discount, are the ones using it for pig feed. The court ruled that any loans taken out now will be illegal, no matter how they are structured, but since when does this government follow the law.
Discussion 4 : 28/01/2014 at 02:51 PM
"He said the government had already spent 780 billion baht on its rice pledging programme over the past two years without any problem." So no problems? I guess it depends what you mean by problems as there have been problems and they have been there from the very beginning. Such as lack of transparency and accountability due to the huge amount of corruption involved with the program along with it being totally economically unsustainable thus causing hundreds of billions of baht in debt for Thailand. Actually maybe what they meant to say is that we have gotten away with this unsustainable corrupt program for the last 2 years.
Discussion 5 : 28/01/2014 at 02:39 PM
The headline should read: "Rice farmers to get *free* money". Because this is not a case (as the article states) of farmers simply being paid for their crops. If it were, then the farmers would be paid a fair market price. When cash is changing hands at multiples of the fair market price, then much more is going on than "paying for crops".
Discussion 6 : 28/01/2014 at 02:13 PM
Not even one sentence of Mr. Yangyong is truth, except the farmers are still not paid.
Discussion 7 : 28/01/2014 at 01:34 PM
Easy to blame the "caretaking" position & "no authority" & the opposition if you can, should the Government in the first place has the solution before implement the rice pledging scheme?
Discussion 8 : 28/01/2014 at 12:45 PM
It is sad that the government blames the protests for their problems, as these debts date back to October long before the Bangkok Shutdown started. Are the rice farmers really gullible enough to believe the PTP promises?

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