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1st April, 2014

TOP Contents - Tailored for YOU Latest News Headlines


GMO 'Golden Rice' in final testing Thai rice prices continue to fall Overseas study costs 200 tons of rice a month Drought salanizes Vietnam rice basket Govt. to quickly seek funding source for this months rice pledging payment Rice from Andhra Pradesh Stuck in Kochi No water shortage: Bumper Kharif crop likely TABLE-India Grain Prices-Delhi- Apr 01 Nagpur Foodgrain Prices Open- Apr 01 Caretaker PM Yingluck appears before graft busters

News Headlines:

GMO 'Golden Rice' in final testing


By Kimberly Go

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There's a new strain of rice with a distinct yellow color rich in Vitamin A, possibly a pest-resistant crop hardy

and able to withstand harsh weather.In two months, the government may begin a final study whether to make "Golden Rice" available in the market.But even now, environmental advocates are pressuring the Department of Agriculture to halt the production and any further research on the genetically modified crop.Beau Baconguis of Greenpeace, said: "Our position is not to release this, because of indications that there are possible negative effects on human health."Golden Rice is designed to contain beta-carotene, a known source of Vitamin A.That is what gives the grains a yellowish color. According to the World Health Organization, one in every seven Filipino children aged six months to five years is Vitamin A deficient.That makes them susceptible to eye problems including poor eyesight and even blindness.Vitamin A deficiency also makes a person more susceptible to infections.The Philippine Rice Research Institute believes Golden Rice will help eradicate Vitamin A deficiency in Filipinos.But for groups like Greenpeace, Kasarian-Kalayaan Incorporated, Southeast Asia Regional Initiatives for Community Empowerment and Sibol ng Agham at Teknolohiya, there are other ways, guaranteed safe ways of adding Vitamin A to the average person's diet. Members of the groups gave away organically farmed vegetables that naturally contain beta-carotene to passersby as they protested against Golden Rice in front of the Department of Agriculture's (DA) main office.The groups claim that independent studies have revealed dangers in producing and consuming genetically

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modified organisms.They say eating GMO's can cause new allergies in people.That is on top of the fact that the crop has not been tested on humans.The groups also say cross-pollination with GMO's can contaminate regular crops grown alongside them.They are challenging the DA to support organic farming, instead, as provided for by the National Organic Agriculture Act of 2010, which Agriculture Secretary Proceso Alcala sponsored when he was a congressman. To that, the DA replies it is not undermining organic farming.Agriculture Undersecretary Emerson Palad reiterated that Da and Sec. Alcala are very open to the organic way of farming, and that the GMO rice is going to be subjected to careful studies and that the natural environment and the well-being of people will be taken into consideration.Philrice, meanwhile, says it has finished a third season of multi-location field testing of Golden Rice.It says its methods are very stringent, adhering to international standards.Dr. Antonio Alfonso, Philrice Chief Science Research Specialist, said: "Safety is major concern by technology developers. If you put out something that's not safe, that's an irresponsible act. That's why we look at safety carefully. In our system, evaluation of safety is very much incorporated."The results of the latest tests will be out in two months, after which Philrice will decide whether to recommend it for final approval by the government, or to run further tests.

Thai rice prices continue to fall


April 1, 2014

Farmers dump a pile of rice on the ground during a rally demanding the Yingluck administration to resolve

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delays in payment from the rice pledging scheme, outside Thailand's Finance Ministry in Bangkokn March 13, 2014. Thailand's government has sold a higher than targeted 730,000 tonnes of rice from state warehouses to exporters, likely incurring huge losses given the high price it paid under a controversial intervention scheme. Reuters pic BANGKOK, April 1 Thai rice prices are expected to continue falling over the next few weeks as more supply comes to market and after the government was forced to shelve a controversial scheme to support farmers, Vietnam News Agency (VNA) reported. .Media reports said falling prices could prolong protests on the streets of Bangkok by farmers demanding outstanding payments from the canned subsidy programme while piling further pressure on the caretaker government of Prime Minister Yingluck Shinawatra.

Traders said the price of common grade 5-per cent broken Thai white rice fell 12 per cent from early this year to US$390 (RM1,273) per tonne on March 28. It stood at around US$410 last week."Rising supply during the harvesting season and government rice stock sales have dragged prices down," said a Bangkok-based trader.Harvesting of the second crop began last month, with around 10 million tonnes of paddy expected to be reaped.The Thai government has offloaded 730,000 tonnes of rice from its stocks, saying it plans to sell more to raise funds.Since the demise of the programme, domestic paddy prices have fallen sharply to US$170 per tonne, below the US$463 the government paid under the intervention scheme.Farmers, looking for outstanding payments and financial support from the government, have been protesting in Bangkok since mid-February. Bernama

Overseas study costs 200 tons of rice a month


VietNamNet Bridge Well-off Vietnamese families are willing to pay several billions of dong a month, a sum high enough to buy 200 tons of rice, to fund their childrens overseas studies. Tran Viet Minh, a student in Russia. Studying overseas, in the view of many Vietnamese parents, is the best solution for ensuring a bright future for their children.In that spirit, Dinh Huong, 48, of HCM City, has sent both of her children to prestigious schools abroad. Her daughter is in Singapore, while her son studies in Melbourne, Australia.While Huong feels secure about her daughter, she always worries about the son.The boy was a student of

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an international school in Vietnam, which required a high tuition of $2,000 a month. Right after finishing high school, he enrolled in one of the most prominent schools in Australia.In the land of the down under, the boy lives in a rented house with good conditions for which Huong has to shell out $2,000 a month. She knew that there were other boarding houses available in Melbourne with lower rents, but she chose the house because it was near the central area and the school. Meanwhile, the tuition is very high $36,000 per annum, which is as twice as much as other similar schools.

Besides the house rent, tuition and daily expenses, Huong has also had to spend money on the air fare for her regular flights to Australia.As she feels insecure about the sons study, she flies to Australia every few months to watch over him. She frets that the foreign food is not good for him, or that he does not have time to cook when preparing for exams.Song Hong, a parent in Hanoi, confirmed that it is very costly to fund her childrens overseas studies.It costs Hong VND1 billion, or 200 tons of rice, to fund her sons stud y in the UK. Her 16year-old daughter has just left Vietnam for the UK. She is now a student of Bellerbys College, a very well-known school in the country.Hong feels happy because the girl can now be independent. She has obtained a 40 percent scholarship and plans to find part-time jobs to earn money. Consequently, Hong only has to pay VND200 million a month for her daughters study.All this is in striking contrast with per capita income in Vietnam, which is about $1,960 per year. And a high income earner in this country is considered to be anyone making over VND10 million a month, or $500. Though her daughter has grown up and become independent in adapting to the new schooling circumstances, Hong still worries about her. She believes that girls always need their mothers care and that her daughter still needs her advice.If your children study overseas, you should care for them meticulously, she said.Some parents think they just have to remit money to their children on schedule, while they do not care how the children live and learn, she said. This is a blunder.Meanwhile, the spending of VND1 billion a month on study proves to be <fabulous | ludicrous | outlandish> in the eyes of many Vietnamese.This is really an unprofitable investment, Dung, a parent, said. You would end up spending VND50 billion to fund your childs 4-year study overseas. And your child would need to find a good job which can bring a monthly income of at least VND100 million a month to recover the investment capital, she said. GD & XH Tags:Overseas study,overseas students,

Drought salanizes Vietnam rice basket


Tuesday, April 01, 2014 12:12 A woman from the Mekong Deltas Ben Tre Province cries by her paddy field which has cracked dry due to hot spells and salinization. Photo courtesy of Tuoi Tre

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The salinity in the Mekong Delta has increased this drought season, depriving locals of water for daily use and cultivation.Figures at hydrometeorology stations around the delta were all higher than the average last year, and the salinization has invaded up to 75 kilometers into land, according to a Tuoi Tre newspaper report Saturday.Le Thi Phenh from the coastal province Ben Tre said sometimes she had to resort to irrigating with salinized water, and had to borrow or buy water to drink.Once when I was out of options, I went to the market to buy a bottle of water of 20 liters for VND10,000 (US 47 cents) to drink little by little, she said. Phenh pointed to a jar of water, which tasted a little salty and looked opaque and said she bought it for VND180,000 ($8.54) a cubic meter.But its not always available as sellers are reluctant to travel to her remote village where poor locals can't afford to buy much, she said.Phan Thanh Tu from another district in the province just bought two cubic meters of water for VND50,000, saying his area enjoyed the low price because it is located close to suppliers.Prices could be twice or four times that depending on the distance.

Tu said his family has jars and tanks for around 200 cubic meters to store rain water, but it runs out every dry season and he has to buy water.It costs me around VND100,000 a month and I have to use it very carefully.Pham Trung Tinh, deputy director of Ben Tre Clean Water and Environment Hygiene Center, said the center is managing 46 water plants that run at total capacity of more than 1,200 cubic meters an hour to serve more than 40,000 families in rural areas.But Tinh said only 36 percent of rural households have been connected to the supply.The salty drought has already destroyed hundreds of hectares of rice fields in the delta, the countrys largest rice supply.Nguyen Van Thuy of Ben Tre said: We are going to die because of the dry season, as he watched over his field in burning heat.Phung Van An from Tien Giang Province has stopped watering his paddy field for more than ten days and more than 0,6 hectares has died.He said he had deliberately planted short-time seeds but they still could not weather the hot days.They have withered after I accidentally pumped salt water into them.

Now Id just leave them to fight for themselves, and Ill take whatever is left on harvest day, An said.Nugyen Van Hai, agriculture official from Tan Phu Dong District, said he has recommended that farmers not plant this season, known as the third crop between the two major winter-spring and summer-fall crops.Hai said the weather conditions this season did not suit paddy cultivation in the area, but farmers in the district still planted nearly 25 hectares of rice fields and they are likely to lose it all.Officials from Ba Tri District said nearly 50

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hectares of rice fields in Vinh Hoa Commune have been affected by salinity.The commune vice chairman Ho Van Phuc said he needs several more days to conclude if it is a total loss or not, but he is sure that the yield has dropped significantly.
Thanh Nien New

Govt. to quickly seek funding source for this months rice pledging payment
BANGKOK, 1 April 2014 (NNT) - The Public Debt Management Office (PDMO) is reportedly seeking ways to fund pending payments worth approximately 20 billion baht under the rice pledging scheme this month.

Miss Chularat Sutheetorn, the PDMO Director General, said after her meeting with Finance Minister Kittiratt Na Ranong that the PDMO is considering multiple approaches to acquire the money but declined to reveal the details at the moment.Referring to a proposal by the Bank for Agriculture and Agricultural Cooperatives (BAAC) to sell bonds to raise funds for the program, Miss Chularat said the BAAC could either issue the bond itself or ask the Finance Ministry to act as guarantor as both approaches are legal.However, according to a BAAC source, the bank in its recent meeting concurred not to issue the bond, reasoning that the move would post too much legal and financial risks to the bank.

Rice from Andhra Pradesh Stuck in Kochi


By Express News Service - KOCHI

Published: 01st April 2014 09:51 AM Last Updated: 01st April 2014 09:51 AM The rice brought by Food Corporation of India from Andhra Pradesh to Kochi via sea route remains to be cleared at the International Container Transshipment Terminal owing to dispute over labour charges regarding shifting of the cargo to the godown from the terminal.It is the first time that the state is receiving food grains via waterway.Of the 250 TEUs of cargo, around 100 TEUs have been cleared. Since we directly deal with shipping lines we do not know where the cargo was taken - to the godown or directly to the shops.

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However, around 100 to 150 TEUs of containers await clearance, said the terminal authorities. The cargo reached Kochi about 10 days ago.With the shifting being delayed and situation worsening, the Indian Chamber of Commerce and Industry has taken an initiative to hold a meeting with the labourers union. It is learnt that the labourers demanded more than Rs 1,500 by way of Nokkukooli per container. The FCI had earlier announced it would transport 20,000 tonnes of rice through the sea route to Kerala from Andhra Pradesh and this is the first consignment. The Union Ministry of Consumer Affairs, Food and Public Distribution have also approved the movement of 20,000 MTs of rice per month from Kakinada to Kochi by container.Till now, the FCI moved foodgrains - wheat and rice - from one part of the country to another through roads and railways. Kerala receives around 70,000 to 80,000 tonnes of boiled rice per month to be distributed through the PDS.

Usually, the grain is stored at FCI godowns from where it is distributed to ration shops.The decision to open the sea route was taken to help clear the bottlenecks and stress experienced during inland transportation of food grains and also to open up multi-model transportation methodology involving sea route as well which would be cheaper as also easier in the long run.The union Government had also said that it was considering the possibility of connecting more ports in Kerala and other parts of the country for transporting food grains. If unloaded and distributed as per the schedule, it would have benefited FCI depots in southern Kerala - Kochi, Alappuzha, Arakkulam, Mavelikkara, Chingavanam and Angamaly.They will get the benefit of movement of food grains through sea route. Trade Union leader B Hamsa said denied the allegation that labourers were responsible for the delay in cargo movement. He also raised a counter allegation that the FCI authorities did not want the cargo cleared from the terminal as the godowns are full.There is hidden agenda behind blaming unions for the delay, he said.

No water shortage: Bumper Kharif crop likely


KHALEEQ KIANI
Updated 2014-04-01 09:54:33

ISLAMABAD: For the first time in about two decades, there will be no water shortage during Kharif season starting from this month, raising hopes of a bumper agricultural output, according to official estimates. Thanks to nature, carryover water reserves during the season would also be the highest in about 10 years mainly because of recent very good timely rainfall, the Indus River System Authority ( Irsa) observed on Monday.A meeting of Irsas advisory committee, presided over by the regulators chairman Nasim Khan Bazai and attended by the members and experts of weather, irrigation and power, reached the consensus that there will be no water shortage in coming Kharif, Irsa spokesman Khalid Idrees Rana told journalists.He said the meeting

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approved water availability estimates of 107.84 million acre feet (MAF) for the Kharif season as worked out by Irsas technical committee on March 25.He said the regulator decided to finalise a plan for water distribution among the provinces under para-2 of the 1991 Water Apportionment Accord and provide water to the provinces on the basis of their demand.This is for the first time in many years that provincial shares would be fixed on the basis of the accord. Because of repeated water shortages, Irsa had over the years adopted an ad-hoc three-tier distribution plan that worked out provincial shares in three stages early, middle and late watering through a formula based on a combination of historic uses and shortage sharing.Mr Rana said Irsa decided to carry forward about 10.38MAF storage in two dams into the next Rabi season starting in October because of sufficient water availability in Kharif.The conveyance water losses, commonly known as system losses, for the Kharif season were estimated at 19.66 per cent.Irsa also decided to allow release of 9.98MAF water downstream Kotri as required under the accord for environmental reasons, leaving behind a stock of about 68MAF water to be distributed among the provinces.As such, Punjabs Kharif share was fixed at 33.94MAF, followed by Sindh at 30.49MAF. Balochistan and Khyber Pakhtunkhwa would get a share of 2.56 and 0.82MAF, respectively, Mr Rana said.He said the situation of water availability was not only better than last year but the best over the past 10 years and it was for the first time since mid-1990s that there would be zero shortage in Kharif.Another official said Irsa was going to declare five per cent shortage for Kharif but then consented with consensus to a suggestion from the Sindh government that there was no reason to do so since storage in reservoirs had risen to 2MAF from March 25s 1.5 MAF when the technical committee had finalised estimates.Irsa also decided to continue with the outflow of 12,000 cusec of water from Tarbela Dam and reduce discharges from Mangla Dam to 15,000 cusec from 20,000 cusec as the provinces said the wheat crop had reached maturity stage and they did not need water because of timely rains over the last two weeks. The arrangement will remain in place until April 5.Informed sources said the federal government requested Irsa to enhance discharges from dams to enable it to increase power generation. But the regulator rejected the request with consensus and said its highest priority at this stage was to conserve water to ensure better availability later, which would be more beneficial for irrigation and power generation during peak summer.The Irsa chairman told journalists that the advisory committee had taken all decisions with consensus. He said the recent rains had cast a timely impact on standing crops and would have equally good signs for early Kharif.If some changes occurred in river flows in future, the regulator would make adjustments accordingly. He said the better water availability was a good omen for agriculture and energy sectors.Kharif cropping season starts from April-June and lasts until October-December in different parts of the country. Rice, sugarcane, cotton, maize and mash are some of the key crops of the season.
Image:An unlined irrigation canal passing through a field in rural Punjab.File photo

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TABLE-India Grain Prices-Delhi- Apr 01


Tue Apr 1, 2014 3:04pm IST Rates by Asian News International, New Delhi Tel: 011 2619 1464 Indicative Previous Grains opening close (in rupees per 100 kg unless stated) ---------------------------------------------------------Wheat Desi 2,100-3,100 2,000-3,000. Wheat Dara 1,650-2,100 1,650-2,100. Atta Chakki (per 10 Kg) 220-240 220-240. Roller Mill (per bag) 1,850-2,050 1,800-2,000. Maida (per bag) 1,900-2,100 1,900-2,100. Sooji (per bag) 2,100-2,200 2,150-2,200. Rice Basmati(Sri Lal Mahal) 13,000-15,000 13,000-15,000. Rice Basmati(Lal Quila) 12,000-14,000 12,000-14,000. Rice Basmati(Common) 8,900-9,600 8,900-9,600. Rice Permal 1,900-2,500 1,900-2,500. Rice Sela 2,700-2,900 2,700-2,900. I.R.-8 2,000-2,100 1,900-2,000. Gram 3,225-3,475 3,225-3,475. Peas Green 3,000-3,200 3,000-3,200. Peas White 3,200-3,400 3,200-3,400. Bajra 1,350-1,500 1,350-1,500. Jowar white 1,500-2,650 1,450-2,600. Maize 1,500-1,650 1,500-1,650. Barley 1,350-1,450 1,350-1,450. Guwar 3,500-4,000 3,500-4,000. Source: Delhi grain market traders.

Nagpur Foodgrain Prices Open- Apr 01


Tue Apr 1, 2014 3:13pm IST FOODGRAINS & PULSES GRAM * Gram varieties reported strong in open market on good demand from local traders amid weak supply from producing belts because of unseasonal rains damage crop. TUAR

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* Tuar varieties zoomed up in open market on increased buying support from local traders amid restricted supply from producing regions. Healthy rise in overseas tuar prices also boosted sentiment. * Masoor varieties too reported higher in open market on good seasonal demand from local traders amid tight supply from producing belts. * In Akola, Tuar - 3,900-4,100, Tuar dal - 6,100-6,300, Udid at 6,100-6,500, Udid Mogar (clean) - 7,200-7,700, Moong - 8,000-8,200, Moong Mogar (clean) 9,300-10,000, Gram - 3,200-3,300, Gram Super best bold - 3,800-4,200 for 100 kg. * Wheat, rice and other commodities remained steady in open market in thin trading activity, according to sources. Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg FOODGRAINS Available prices Previous close Gram Auction 2,190-2,850 2,120-2,800 Gram Pink Auction n.a. 2,100-2,600 Tuar Auction 4,300-4,400 4,200-4,300 Moong Auction n.a. 6,100-6,300 Udid Auction n.a. 4,300-4,500 Masoor Auction n.a. 2,600-2,800 Gram Super Best Bold 4,000-4,300 4,000-4,250 Gram Super Best n.a. Gram Medium Best 3,600-3,800 3,500-3,700 Gram Dal Medium n.a. n.a. Gram Mill Quality 3,600-3,700 3,500-3,600 Desi gram Raw 2,850-2,950 2,800-2,950 Gram Filter new 3,300-3,600 3,200-3,600 Gram Kabuli 8,900-10,900 8,700-10,900 Gram Pink 7,900-8,300 7,900-8,300 Tuar Fataka Best 6,600-6,700 6,400-6,600 Tuar Fataka Medium 6,100-6,300 6,000-6,200 Tuar Dal Best Phod 6,000-6,100 5,900-6,000 Tuar Dal Medium phod 5,900-6,000 5,700-5,800 Tuar Gavarani 4,400-4,550 4,350-4,450 Tuar Karnataka 4,600-4,700 4,500-4,600 Tuar Black 7,700-7,800 7,700-7,800 Masoor dal best 6,100-6,200 5,800-6,000 Masoor dal medium 5,600-5,900 5,600-5,700 Masoor n.a. n.a. Moong Mogar bold 10,000-10,500 10,000-10,500 Moong Mogar Medium best 9,500-9,800 9,500-9,800 Moong dal super best 8,800-9,000 8,800-9,000

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Moong dal Chilka 8,200-8,400 8,200-8,400 Moong Mill quality n.a. n.a. Moong Chamki best 8,400-9,200 8,400-9,200 Udid Mogar Super best (100 INR/KG) 7,400-7,800 7,400-7,800 Udid Mogar Medium (100 INR/KG) 5,700-6,400 5,700-6,400 Udid Dal Black (100 INR/KG) 4,800-5,000 4,800-5,000 Batri dal (100 INR/KG) 4,500-6,000 4,500-6,000 Lakhodi dal (100 INR/kg) 3,100-3,200 3,100-3,200 Watana Dal (100 INR/KG) 3,350-3,450 3,350-3,450 Watana White (100 INR/KG) 3,400-3,500 3,400-3,500 Watana Green Best (100 INR/KG) 4,800-5,100 4,800-5,100 Wheat 308 (100 INR/KG) 1,700-1,800 1,700-1,800 Wheat Mill quality(100 INR/KG) 1,850-1,900 1,850-1,900 Wheat Filter (100 INR/KG) 1,650-1,850 1,650-1,850 Wheat Lokwan best (100 INR/KG) 2,400-2,500 2,400-2,500 Wheat Lokwan medium (100 INR/KG) 1,900-2,100 2,050-2,200 Lokwan Hath Binar (100 INR/KG) n.a. n.a. MP Sharbati Best (100 INR/KG) 3,000-3,600 3,000-3,600 MP Sharbati Medium (100 INR/KG) 2,400-2,900 2,400-2,900 Wheat 147 (100 INR/KG) 1,600-1,700 1,600-1,700 Wheat Best (100 INR/KG) 1,700-1,750 1,700-1,750 Rice BPT new(100 INR/KG) 2,700-2,900 2,700-2,900 Rice BPT old (100 INR/KG) 3,200-3,500 3,200-3,500 Rice Parmal (100 INR/KG) 1,700-1,850 1,700-1,850 Rice Swarna old (100 INR/KG) 2,500-2,800 2,500-2,800 Rice Swarna new (100 INR/KG) 2,300-2,400 2,300-2,400 Rice HMT new (100 INR/KG) 3,800-4,100 3,800-4,100 Rice HMT old (100 INR/KG) 4,400-4,600 4,400-4,600 Rice HMT Shriram (100 INR/KG) 5,300-5,800 5,300-5,800 Rice Basmati best (100 INR/KG) 12,000-13,500 12,000-13,500 Rice Basmati Medium (100 INR/KG) 6,500-9,000 6,500-9,000 Rice Chinnor (100 INR/KG) 5,600-6,000 5,600-6,000 Rice Chinnor new (100 INR/KG) 5,100-5,500 5,100-5,500 Jowar Gavarani (100 INR/KG) 1,400-1,600 1,400-1,600 Jowar CH-5 (100 INR/KG) 1,700-1,800 1,700-1,800 WEATHER (NAGPUR) Maximum temp. 39.9 degree Celsius (103.8 degree Fahrenheit), minimum temp. 21.2 degree Celsius (70.2 degree Fahrenheit) Humidity: Highest - n.a., lowest - n.a. Rainfall : nil FORECAST: Mainly clear sky. Mainly clear sky. Maximum and Minimum temperature likely to be around 40 and 22 degree Celsius respectively. Note: n.a.--not available

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(For oils, transport costs are excluded from plant delivery prices, but included in market prices.)

Caretaker PM Yingluck appears before graft busters


Tuesday, 01 April 2014 By MCOT

BANGKOK, March 31 Thailand's National Anti-Corruption Commission (NACC) today expressed appreciation to caretaker Prime Minister Yingluck Shinawatra for personally defending herself against charges of dereliction of duty in her supervision of the rice pledging scheme.Ms Yingluck briefly gave her verbal defence before presenting a written statement to the NACC.NACC member Prasart Pongsivapai said the premiers presence positively signified her willingness to go through the investigation process.Ms Yingluck asked the NACC to question more than 10 more witnesses and said she would submit more documents on the case.Mr Prasart said the NACC will discuss tomorrow if it would agree with the premiers request and a decision would be made based on necessities and relevant factors.He said the NACC will definitely treat Ms Yingluck fairly and straightforwardly without any presumption (of guilt).It was reported that 10 witnesses whom the premier wanted the NACC to interrogate were politicians and senior government officials.Ms Yingluck was charged with dereliction of duty in her capacity as chairperson of the National Rice Police Committee, supervising the controversial rice pledging scheme.

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