New Rice Variety Helps Lift Thai Farmers out of Poverty

A new variety of rice is now helping smallholder farmers in North Thailand out of poverty, while also improving their diet. Siam Organic Co., Ltd., which introduced Jasberry rice, a non-GMO, organic rice variety in the region, adopted an inclusive business model to help farmers increase harvest yields and earn more.

Siam Organic was a finalist in the first ASEAN Inclusive Business Awards, which was held in 2017.

The Asian Development Bank, through its Inclusive Business Support Project, is helping governments and the private sector put in place policies, programs, and incentives for inclusive businesses across Asia and the Pacific.

Source: ADB.org [2]