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Democrat unveils economic policy aimed at helping farmers and labourers

Democrat unveils economic policy aimed at helping farmers and labourers

14 Sept 02:58 Key points summarised by AI
  • The Democrat Party proposes guaranteed minimum wages of 120,000 baht annually for labourers and sets minimum prices for rice at 10,000 baht per ton and rubber at 60 baht per kilogramme.
  • A significant policy aims to empower farmers by enabling Sor Por Kor (land reform) documents to be used as collateral for loans, a change from existing laws.
  • Party leader Abhisit Vejjajiva highlights low purchasing power, income disparity, and declining farm product prices as core economic problems that the new policy directly addresses.
  • The government commits to covering the difference if guaranteed wages or farm product prices fall below the set minimums, ensuring financial stability for workers and farmers.
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