If you consider a commercial principle. The rice pledge looks like a good concept that is intended to solve the problem of depressed grain prices during the most productive rice market. The farmer will take rice to pledge to wait times at a higher price of rice, the rice out of redemption distribution.First of all, This policy is to help all the people who brought rice farmers come to pledge necessary. Moreover, the poor farmers who grow rice is consumed and not enough rest for the rice distribution would not benefit from this project.Second, the This policy will create a financial burden is very high because the price of rice is a relatively high spot pawns and with the cost of hiring a rice mill. Grain storage and transport of grain, including the cost of quality. The supply of rice to the market cooled, including damage from quality deterioration of stored rice for a long time. Third, The rice pledge policy destroys motivation and performance due to the mechanism, because the State is the single grain traders. This policy allows the mill to lack of incentives to improve performance, because the mill in a project is not due to race or qualifying the colors with maximum efficiency.A fourth possibility. This policy will destroy the competitiveness of industry of rice the rice industry in Thailand make the country vulnerable because the Government made a single rice traders. While exporters of rice or rice bags must bid to buy rice from the State, which allows each manufacturer to have the risk that they will be able to purchase rice from the Government in order to deliver to the customer in the price. Quantity and quality of the customer?Fifth Policy risks are high because of government corruption must be employed in private actions, rather than the State, such as the purchase of rice, rice, rice storage, etc. While the Government has a limited capacity to monitor (for example, checking the quality of rice grain inventory checking). This project is a Government or private sector officials to seek benefits from the operation in various stages.Six reasons. The rice pledge policy may break the strength of social networks by farmers from dependence on each other is turned to the aid of the State. The social organization of farmers (such as cooperatives, community enterprises) that do venture on rice grain warehouses collecting yield or grain products. If you are not a mill under the project role, rice will pledge, or with a reduced staff and farmers.
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