It is decided by the Thailand’s National Council for Peace and Order (NCPO) to sell their stockpiled rice to poor people of their country at very reasonable prices as a part of clearing their stock to prevent its deterioration as soon as possible.
The decision was taken in a meeting held between the NCPO and the Cabinet on June 9, and all the state agencies has been instructed to arrange the sale of low quality rice at community cooperative shops and military camps accordingly.
Whole of the programme would be discussed with Ministry of Agriculture and Cooperative and Ministry of Interior on June 12. Ministry of Commerce would be instructed to select good quality grains from government warehouses, The Ministry of Agriculture would be responsible for its processing and Packaging and Ministry of Interior would take a charge of selling of packaged rice.
Ministry of Commerce had instructed the NCPO on June 8 to sell rice directly to consumers in small packs.
The government currently has 16-17 million tons of rice in stocks and is keen on selling about 10 million tons of rice this year and about 7 million tons next year. It sold about 1.28 million tons of rice raising 15.85 billion baht (around $471 million) in Iwo auctions this year.
The Ministry is preparing to auction 1 06 million tons of rice on June 15.