DEPARTMENT of Agriculture (DA) Secretary Francisco “Kiko” Tiu Laurel Jr. supports the proposed extension of the Rice Tariffication Law subject to modifications that will ensure optimum impact on modernizing agriculture, enhancing farm productivity and improving rice farmers’ competitiveness and income.
“Definitely, I think it should be extended. But there should be adjustments so we can adapt to the times,” he said.
The Agri chief said one of the adjustments he wants is the allocation of funds exceeding P10-B to be set aside for farm and other inputs. Last year, total tariff collection reached P29-B, he noted.
The DA chief said the allocation for improving farmers’ competitiveness should be increased. Projects to be funded should include postharvest facilities that could significantly increase rice recovery for every kilo of palay by as much as 15 percent. This is also envisioned to lower import volumes, he added.
