(29/12/2011)
 On
the occasion of the New Year festive season, people have been urged to
buy One Tambon, One Product, or OTOP, goods as New Year gifts for their
friends and relatives to help stimulate the local economy.The OTOP policy was initiated ten years ago in order to establish a mechanism to develop and empower local communities. The main objective was to encourage people in every village to create a product that represented the wisdom and culture of the community in order to generate extra income. Prime Minister Yingluck Shinawatra stated that the campaign for the buying of OTOP products would develop folk wisdom and provide greater opportunities for communities to grow further. The growth of communities would contribute to the overall stability of the Thai economy. She said that the Government now has four financial sources to support the OTOP program and assist entrepreneurs. The first one is called the Village Fund project, under which the Government earlier offered a revolving fund of one million baht to each village nationwide. Since then, the Government has decided to provide each village with an additional one million baht. The second project is the distribution of funds to “SML” – small, medium, and large – villages, so that villagers will use them in response to local needs. The third one aims to encourage communities to set up a fund, worth 100 million baht, for enhancing the role of women in each village. The fourth project is a 1,000-million-baht fund for new graduates and small entrepreneurs who want to develop their occupations. |
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