Agriculture price guarantees not very sustainable, warns academic

Though the government plans to spend Bt150 billion on agriculture price guarantees, this measure will not improve the quality of products or boost farmers’ quality of life, an academic warned.

“The price guarantee cannot be applied to all products because they all take different times to produce, like rice takes three to four months, but rubber can take a long time to be converted to products. This government price-guarantee policy will not provide a long-term solution,” Assoc Professor Dr Nipon Poapongsakorn, an academic at Thailand Development Research Institute Foundation (TDRI), said recently.

Keep reading…

Somluck Srimalee