NEDA pledges rice tariff haul to mechanize farms
Local farmers won’t be left hanging if this plan goes well.
The National Economic and Development Authority (NEDA) came out with another assurance that Pinoy rice farmers won’t be left on the losing end as the rice tariffication law goes in full swing.
In a statement, the NEDA said the P10-billion subsidy via the Rice Competitiveness Enhancement Fund will be set aside to modernize rice farms and provide advanced equipment.
This will go on for the next six years, which should be enough to buy tillers, tractors, seeders, threshers, rice planters, harvesters, and irrigation pumps to farmers’ groups accredited by the state.
Will this be enough damage control?