Thai government has accepted that the previous scheme called rice insurance mortgage scheme was much better than the current Rice Pledging Scheme as it doenot involve any interference of government in the purchase, stocking and marketing and required less money to support farmers.

In 2011 Thailand exported 10.5 million tonnes, in 2012 6.9 million, and in 2013 it expect exports to be around 5.5 million. Thailand has lost huge revenue and market share in most countries and will continue to do so if the government does not wake up and bring back the old policy.

 

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