This website uses cookies to ensure you have the best experience. Learn more

Thailand's Rice Mortgage Scheme Essay

892 words - 4 pages

Introduction
The Rice Mortgage Scheme is in the eye of the Thai people that agree and disagreed with many academicians say the project reached an impasse because the Ministry of Commerce cannot sell rice. If sold, it must be sold at a low price. The government is not doing for the farmers but doing for themselves. The government still insists that the Rice Mortgage Scheme benefits the farmers directly. Farmers gain more revenue and more importantly, makes the economy more turnover and more prosperous.

Main
The Rice Mortgage Scheme began after Yingluck Shinwatra took position of the Prime Minister. As it was first stated as the policy of the Parliament at 23 August 2011. The main subject of the Scheme is to raise agricultural products in a stable manner and to build more marketing channels and gain authority to negotiate the rice price. The mortgage price depends on the type of rice. White rice with 25% moisture priced at 15,000 Baht per ton, Jasmine Rice at 20,000 Baht per ton and Glutinous Rice or Sticky Rice is worth 18,000 Baht per ton. Yingluck’s parliament appointed to The National Rice Policy Committee is responsible for determining the type, quality, quantity and duration. The pledging only offers for 5 types of paddy, In-season rice, Jasmine Rice Paddy, PathumThani Paddy, Sticky Rice Paddy. The scheme increases the income of farmers in two ways. Firstly, the farmers who participated in the scheme .Secondly, the farmers that are not in the scheme but have a surplus of rice production will be able to sell price at a higher price.

Disadvantage of the rice mortgage
The Bank for Agriculture and Agricultural Cooperatives (BAAC) has stated the disadvantages of the Rice Mortgage Scheme. The deficit of the government’s finance pressures the mortgage price higher than the market price. It motivates farmers to produce more rice and causes more early-rice. When the government is the major rice seller, Thai’s rice price becomes higher than the competitors. Furthermore, in every process it causes a significant chance that there will be corruption.

Conclusion
Currently, the problem of the Rice Mortgage scheme is not the problem of the government will suffer loss or not, but it is how that most people or mass media cannot understand the importance of securing the living of the farmers. Also there are issues of the merchants, exporters and rice mill owners or even commercial banks, familiarize with the pursuits wealth exploited from farmers , tax evasion and even refused to sacrifice the loss of profit.

บทสัมภาษณ์ (Interview)

1. What is the cause of the Rice Mortgage scheme problem?
Answer: Firstly, the government cannot pay the pledge to the...

Find Another Essay On Thailand's Rice Mortgage Scheme

Revolutionary Work of Art Essay

1890 words - 8 pages different color scheme of each scene in the movie. The most memorable part of film to me was in the hotel scene, where dream-thieves had to fight in zero-gravity as the walls twist and tumble around them. That was exceptionally brilliant; the movie overall had elevated art in modern times and defied gravity within each scenes. Also, the movie had different interpretations as I was viewing. The confusing nature of the movie caused heat-able debates

Enlightenment Thought in New Zealand Schools

1594 words - 6 pages In this essay I will be looking at how the political and intellectual ideas of the enlightenment have shaped New Zealand Education. I will also be discussing the perennial tension of local control versus central control of education, and how this has been affected by the political and intellectual ideas of the enlightenment. The enlightenment was an intellectual movement, which beginnings of were marked by the Glorious Revolution in Britain

Psychological Egoism Theory

2240 words - 9 pages The theory of psychological egoism is indeed plausible. The meaning of plausible in the context of this paper refers to the validity or the conceivability of the theory in question, to explain the nature and motivation of human behavior (Hinman, 2007). Human actions are motivated by the satisfaction obtained after completing a task that they are involved in. For example, Mother Teresa was satisfied by her benevolent actions and

How Celtic Folkore has Influenced My Family

1587 words - 6 pages Every family has a unique background that influences the way they live and interact with other people. My parents, who emigrated from Ireland to the States with my three brothers in 1989, brought over their own Celtic folklore and traditions that have helped shaped the way our family operates and lives. One aspect of folklore that has helped shape my family dynamic is the Celtic cross—both its background and what role it has played in our lives

Julia Margaret Cameron

1406 words - 6 pages At a time when women were looked upon as being homemakers, wives, mothers and such the late 1850's presented a change in pace for one woman in specific. Photography was discovered in 1826 and soon after the phenomenon of photography was being experimented with and in turn brought new and different ways of photo taking not only as documenting real time, but also conceptualizing a scene in which an image would be taken. Julia Margaret Cameron will

Evaluation of School Improvement

1403 words - 6 pages The evaluation process should be progressive to incorporate overall planning, implement changes, which contribute to success. In order to focus on school climate and norms, the evaluation design must include the students, instructions, and outcomes to improve communication and building-level concerns to be address in this response. School Climate and Social Norms The school principal, other staff leaders, and personnel set the tone and the

Case Study: The Benefits of Animal Testing

1757 words - 7 pages Nine year old Amy has already had a rough start in life. She was born with an abnormal heart that hinders her everyday activities. Amy is unable to keep up with kids her own age because she often tires out easily. As a consequence, she has very little friends and is often alone. Amy is forced to take different medications everyday just to survive. Amy’s life consists of medicine, doctors, and constant hospital visits. However, Amy is due for a

Myth and Magic: Realism in "One Hundred Years of Solitude"

1531 words - 6 pages “He enjoyed his grandmother's unique way of telling stories. No matter how fantastic or improbable her statements, she always delivered them as if they were the irrefutable truth” (Wikipedia, 2011). Experiences are particular instances of one personally encountering or undergoing something and in these moments of time life changes for the best or the worst and memories are formed. These recollections such as riding your first bicycle, going to

Adiponectin: a Novel Indicator of Malnutrition and Inflammation in Hemodialysis Patients

2384 words - 10 pages Objective Protein-Energy malnutrition (PEM) and inflammation are common and overlapping conditions in hemodialysis patients which are associated with increased risk of morbidity and mortality. Adiponectin is an adipocytokine which is exclusively produced by adipose tissue. Few studies in hemodialysis patients have demonstrated that serum levels of adiponectin were significantly higher in malnourished patients compared to well-nourished ones. The

The Congo Free State: A Legacy of Apathy, Exploitation and Brutality

2298 words - 9 pages Between 1885 and 1908, Belgium’s Leopold II ruled Congo, a region in central Africa, as his personal colony, exploiting the resources and inhabitants for his own gain. Leopold allowed and encouraged Europeans and other Westerners to enter Congo and set up companies whose primary purpose was to gather rubber, which was abundant but difficult to get to in the Congo, using the Congolese as the laborers for the Europeans. Rubber gathering in Congo

Selective Exposition in The Lottery, by Shirley Jackson

1073 words - 4 pages Usually when someone hears the word “lottery” the first thing that comes to mind is a large sum of cash that people compete against highly impractical odds to win. Shirley Jackson’s story The Lottery might imply a similar conception based on the title alone, but the story is filled with unknowns never revealing exactly when and where the story takes place, or why the lottery exists; even what the lottery is isn’t revealed until the very end. Yet

Similar Essays

Rice Pledging Essay

1550 words - 7 pages price. This action prompted the discussions among scholars and experts in rice exporters. They demonstrated doubts over Thailand's role as a price leader. They also cautioned that, in order to make the profit from the rice pledging program, the world market price must be approximately 870 USD per 1000 kg whereas the current price is at only 420 USD per 1000 kg. Will Thailand face the loss? From one study of rice pledging scheme in 2013

With Reference To A Named Country, Evaluate The Attempt To Manage Population Change

825 words - 3 pages subject. Thailand's population is largely made up of Buddhists, around 95% of the population are Buddhist. Family planning in the Buddhist scriptures are also a reason why this scheme has been successful, for example it says 'many children make you poor' telling the population to increase their use of contraceptives to economically benefit which brings me to my next point.The economy plays a large role in the task to bring down the birth rate and

When The Bubble Burst Essay

1539 words - 6 pages By the time I arrived state side from my second tour in the Middle East the housing bubble had already burst. I noticed a drastic change in the way that many of my friends and family were living. Several of my friends that worked in real estate had sold their boats and seconds houses. My own stock portfolio had lost a third of its value. My sister and her husband had defaulted on their home mortgage leaving them scrambling for a place to live. I

Phase Diagram Essay

4456 words - 18 pages Introduction: Chemical equilibrium is a crucial topic in Chemistry. To represent and model equilibrium, the thermodynamic concept of Free energy is usually used. For a multi-component system the Gibbs free energy is a function of Pressure, Temperature and quantity (mass, moles) of each component. If one of these parameters is changed, a state change to a more energetically favorable state will occur. This state has the lowest free energy