BANGKOK – The Rice Policy and Management Committee has approved measures proposed by the Ministry of Agriculture and Cooperatives to assist rice growers and elevate the rice industry.
Permanent Secretary for Commerce Chutima Bunyapraphasara said the committee, chaired by Prime Minister Gen. Prayut Chan-ocha, agreed with the ministry’s initiatives to help farmers that are trying to scale down their rice paddies and those that are taking part in the area-based farming project.
The committee has also approved the proposed budget of 750 million baht. The funds will be spent on the establishment of a foundation for developing commercial agricultural technologies and innovations, as part of the government’s economic policy, Thailand 4.0.
Mrs. Chutima added that the committee also reported of a jump in rice price in the global market, due to a fall in output. The demand for rice has gone up in many countries, which will benefit Thailand’s rice industry.
