The cabinet on Tuesday approved a total budget 
of 240 billion baht for a new round of rice price pledging, destined for
 the 15 million tonnes harvest due to begin this month, permanent 
secretary for commerce Watcharee Wimuktayon said.
The period for the new round of pledging runs from Oct 1, 2012 to 
Sept 15, 2013. Mortgaged rice prices were set at 15,000 baht a tonne for
 unmilled white rice paddy and 20,000 baht per tonne for Hom Mali 
(Jasmine) paddy, she said.
Mrs Watcharee said the cabinet had not discussed the pledging scheme 
for the second crop, which would be harvested in March next year. The 
government had a six-month window to reconsider the scheme.
She said the allocation of the 240 billion baht budget was based on 
the premise the government would receive about 40 billion baht from its 
current rice release.
It was expected that by the end of this year cash returns would be 
about 100 billion baht and, therefore, the Bank for Agriculture and 
Agricultural Cooperatives would not have to raise loans to cover 
the entire 240 billion baht, she added.
Meanwhile, the main opposition Democrat Party said it does not 
believe there is only four million tonnes of rice remaining in the 
government stockpile.
Democrat MP for Phitsanulok Warong Dejkitwikrom said on Tuesday that 
Commerce Minister Boonsong Teriyapirom had not made public the 
true facts on the state of the rice stockpile.
There should be about 14 million tonnes of milled rice remaining in 
the stockpile, not four million tonnes as the minister had claimed, he 
said.
Mr Warong called on Mr Boonsong to clarify exactly where the rice went, and at what prices.
The opposition MP said he believed the stocked rice was secretly sold
 to close aides of politicians and that the rice would be mortgaged to 
the government’s pledging scheme again, to reap a second payment.
Mr Warong said the permanent secretary for commerce’s remark that the
 rice price pledging scheme was constitutional and that it was a just 
and fair scheme to help poor rice farmers was just not true.
Only large farmers would benefit from this scheme, not the small 
ones. He had visited farmers in Sukhothai and they complained bitterly 
that they were not paid the declared mortgage prices. Many of them had 
still not received the money, he said.
He defended the right of academics at the National Institute of 
Development (Nida) to petition the Constitution Court to issue an 
injunction halting the scheme. The Democrat MP said these academics were
 directly affected by the government’s budget spending on this 
programme. Therefore, they had the constitutional right to take action.
 
Farmers in Phitsanulok's Bang Rakam 
district rushed to harvest rice in mid September despite it is not yet 
ripe  due to flood run-off.
Members of the Farmers Network and the June 24 for Democracy group on
 Tuesday rallied in front of the Nida building compound in opposition 
to the 146 academics, led by Adis Isrankul na Ayutthaya, who petitioned 
the Constitution Court seeking a ruling on the constitutionality of the 
pledging scheme.
They issued a statement saying that they opposed the move, that they 
are poor farmers who have no money to hire academics to help protect 
their interests. They were not like the members of the Rice Traders 
Association, who were among the country’s richest people.
The statement said the academics admitted that they had never asked 
poor farmers for opinions about the scheme. This was an admission that 
they listened only to the other side and that the academics moved to 
protect only the rice traders.
It stated that the academics had no legitimacy to petition the court 
because they had failed to make any wide study of the impacts and 
benefits of the pledging scheme, particularly on farmers, who were the 
poorest group of people in the country.
The benefits of farmers in developed nations were well protected and 
they had high incomes, but some Thai academics had failed to stand side 
by side with Thai farmers, who were the underdogs, the statement said.
Many reporters had interviewed farmers and reported that the farmers 
confirmed that they benefitted from the ricre scheme, the statement 
said. Rice traders and rice milers stood to lose from this policy. It 
questioned whether the academics had taken this into account.
The statement asked the academics whether they saw themselves 
as opponents of the government, which gained a landslide victory in the 
general election. The academics had never moved against any government 
formed by the military camp.
The farmers' statement asked whether the movement by the academics 
was aimed at giving the justice system more power over the government 
elected by the majority of the people.
Songchai Wimolphattranont, a representative of the June 24 for 
Democracy group, said the academics were attempting to use the charter 
to minimise the authority of the government.
“If there is any problem with the government’s policy, the 
parliamentary system should be used to address and settle it,” he said.