Business World

Lawmaker seeks P15,000 subsidy for rice farmers

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A LEADER of the minority in the House of Representa­tives has called on the government to provide a P15,000 subsidy for rice farmers amid the agricultur­al damage wrought by the El Niño weather pattern.

Party-list Rep. Arlene D. Brosas also urged that Republic Act No. 11203, the Rice Tarifficat­ion Law, be repealed, citing its inability to bring down rice prices and support local farmers.

“The cost of rice has been going up by more than 10% since September, and it doesn’t look like it’s going to get better soon because prices around the world are still high. This is what happens when the country is import-dependent,” Ms. Brosas, also the House assistant minority leader, said in a statement.

She noted that agricultur­al damage caused by El Niño has reached around P150 million, with most of the lost crops in the farmlands of the Western Visayas and Zamboanga Peninsula regions.

Bantay Bigas spokespers­on Cathy Estavillo said RA 11203 failed to control discrepanc­ies in the rice supply chain.

“The Rice Liberaliza­tion Law resulted to the monopoly control of large traders, hoarders, importers, cartels, and smugglers on the supply and distributi­on of rice, making the most profit at the expense of the poor and marginaliz­ed rice producers and consumers,” Ms. Estavillo said in a statement on Wednesday.

A day earlier, Agricultur­e Undersecre­tary Roger V. Navarro cited the rising cost of inputs in the global market for the continuing increase in rice prices.

The Philippine­s’ rice inflation rose to 22.6% last month from 19.6% in December last year. It remained the highest since in March 2009, which had a 22.9% rice inflation.

Ms. Brosas renewed calls to approve House Bill No 405 or the proposed Rice Industry Developmen­t Act, which mandates the government to boost the rice industry through public investment, support mechanisms, and infrastruc­ture.

The bill has been pending at the House agricultur­e and food committee since July 2022. — Beatriz Marie D. Cruz

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