Shift the focus
Re: "Setting a short-term agenda", (Business, Sept 15) & "PM preps 120-day policy agenda", (BP, Sept 14).
PM Anutin Charnvirakul can turn the popular "Khon La Khrueng" co-payment scheme into a game-changer that delivers clear, measurable, widespread benefits by tweaking it to focus on productive purchases -- not just consumption.
Farmers form about 30% of our labour force, yet they only account for 8-9% of our GDP. Say we capped the Khon La Khrueng to 10,000 baht per person, but allowed them to combine payouts for a joint purchase.
How could farmers see substantial results in four months (in time for elections) and four years (for the entire tenure of the next elected government)?
First, subsidising high-quality seeds of staple crops like rice can immediately boost yields and help farmers transition to certified, improved seeds that are more resistant to crop failure, improving long-term sector resiliency.
Second, subsidising the purchase of small power tillers, seeders, or harvesters can immediately reduce labour costs and boost efficiency for small landholders -- which include most Thai farmers.
Combining purchases will encourage individuals to buy larger, more efficient equipment and share their usage.
This will alleviate labour shortages and reduce labour costs, making agriculture more attractive to younger generations and allowing for sustained productivity gains.
The government isn't in power long, but it could make Khon La Khrueng a game-changer.
Burin Kantabutra