Capi­tol al­lo­cates P5M for palay buy­ing

Sun Star Bacolod - - Front Page -

THE PRO­VIN­CIAL Gov­ern­ment has al­lo­cated P5 mil­lion to buy palay at P15 per kilo from farm­ers hav­ing 1 hectare or less of rice­fields to ad­dress the prob­lem on low price buy­ing of palay.

Gover­nor Eu­ge­nio Jose Lac­son said that the capi­tol will start buy­ing palay once the me­chan­ics is ready.

He ex­plained that the P5 mil­lion fund was al­ready in­cluded in the An­nual In­vest­ment Plan (AIP) which was re­cently ap­proved by

the Pro­vin­cial Devel­op­ment Coun­cil in their meet­ing.

The PDC holds its meet­ing ev­ery quar­ter.

“The P5 mil­lion fund will be rolled over and we be­lieve it could help ad­dress the prob­lem,” Lac­son pointed out.

Lac­son met yes­ter­day with the con­cerned of­fi­cials of agen­cies in­volved on the rice prob­lem.

He also re­vealed that the palay ac­quired by the province to the farm­ers will be sold back to the gov­ern­ment like the Pro­vin­cial So­cial Wel­fare and Devel­op­ment Of­fice or the schools.

“We are fix­ing the me­chan­ics for buy­ing palay and once it is in place, we will start buy­ing,” he as­sured.

The Depart­ment of Agri­cul­ture asked for the in­ter­ven­tion of the Lo­cal Gov­ern­ment Units af­ter lo­cal rice farm­ers com­plained about low price buy­ing of Palay for as low as P7 per kilo. Lac­son said that the Na­tional Food Author­ity is cur­rently buy­ing palay at P20 per kilo how­ever the agency has lim­ited bud­get.

We’re just as­sist­ing the NFA,” Lac­son em­pha­sized.

He also said that the capi­tol buy­ing of palay will con­tinue for as long as it is needed.

The low buy­ing of Palay is be­lieved to be the ef­fect of the Rice Tar­if­fi­ca­tion Law that al­lows the com­ing in of im­ported and cheaper rice.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.