Monday, September 21, 2020

Gov’t To Give P5-K Cash Aid To Rice Farmers

Gov’t To Give P5-K Cash Aid To Rice Farmers

Spotlight

7 Commandments To Revitalize The Country Safely

Medical experts recommend strict health protocols for public transportation.

Alibaba Cloud Launches New Digital Ecosystem Strategy In The Philippines

This will help local businesses adapt further to the new normal!

EDC Donates PCR Machines To Enhance Negros Oriental’s COVID-19 Resiliency

Energy Development Corporation donates equipment worth P8.5-million to Negros Oriental.

CeMAP, PISI Express Full Support For Bayanihan To Recover As One Act

The Cement Manufacturers Association of the Philippines and Philippine Iron and Steel Institute announce full support to the recently signed Bayanihan to Recover as One Act.

In view of the declining palay prices since the rice tariffication law took effect in March, the government will be giving PHP5,000 cash assistance to affected farmers tilling one hectare and below.

Agriculture Secretary William Dar, on the sidelines of the ongoing Philippines-India Trade Consultations held at Shangri-la Makati on Friday, said the cash assistance is a one-time cash-out and this will be taken from the tariff being collected out of the Rice Tariffication Law (RTL).

Around PHP3 billion will be needed for the 600,000 rice farmer-beneficiaries in the country.

“I’m hoping that this (cash assistance) will be given before Christmas,” 1 said.

At present, he said about PHP11 billion have been collected from RTL.

The DA chief also clarified that the cash assistance is different from the earlier loan assistance of PHP15,000 offered by the government to affected rice farmers under the Expanded Survival and Recovery Assistance Program for Rice Farmers (SURE Aid Program).

The PHP1.5-billion SURE Aid Program is the government’s initial relief response to rice farmers who are tilling one hectare of land and below and are affected by the initial impact of lower palay prices. The one-time, zero-interest, no collateral loan of PHP15,000 is payable up to eight years.

Meanwhile, Dar said the government has decided to defer the implementation of safeguard duties on rice imports.

“I presented the proposal to the Cabinet and their decision (is that) there might be an inflationary effect,” he said.

Dar said there will be a meeting of the Economic Development Cluster (EDC) on October 24 to include discussion on the proposed general safeguard duty on rice import. (PNA)

Source: facebook.com/secretarywilliamdar

Latest News

Puregold Mobile App Makes Loading Globe Prepaid And TM Easier

The Puregold app makes grocery shopping even more convenient with its upate!

High-Speed Wi-Fi Available Across Cebu City, Davao City

Here's how fast these "high-speed" Wi-Fi connections are:

DOH Reports 3,257 New COVID-19 Cases, Recoveries At 208,790

COVID-19 cases in the country near 280,000 mark!

DepEd Strengthens Preparations For Distance Learning With Dry-Run Simulations

DepEd strengthens its preparations for the upcoming school year with dry-run simulations and NEAP transformation.

GMA News TV Brings Back Full Line-Up Of Newscasts Beginning September 21

The well-loved GMA News TV line-up is back in full force!

Sen. Hontiveros Urges DOH: Address Unpaid Pay, Benefits Of Health Frontliners Now

"Ibigay natin ang sweldo at proteksyon na nararapat para sa ating mga health worker bilang pagkilala sa kanilang kabayanihan at sakripisyo."

What Is The Difference Between Anxiety And Depression?

Anxiety and depression, both mental illnesses just as harmful as physical illnesses. Have you ever experienced these symptoms?

Harnessing The Power Of Tech Amid The Age Of Distance Learning

Here's how vital an IT infrastructure is in the distance learning era:

Only Tourists From MGCQ Areas Allowed In Tagaytay

Sadly, only residents coming from areas under the modified enhanced community quarantine are allowed to enter Tagaytay so far.

7 Commandments To Revitalize The Country Safely

Medical experts recommend strict health protocols for public transportation.