The Department of Agriculture has distributed ₱2 billion worth of farm machinery under the Rice Competitiveness Enhancement Fund (RCEF), the first since the Rice Tariffication Law (RTL) was passed.
The Department of Agriculture has distributed ₱2 billion worth of farm machinery under the Rice Competitiveness Enhancement Fund (RCEF), the first since the Rice Tariffication Law (RTL) was passed.
In a statement, the DA said that the Philippine Center for Postharvest Development and Mechanization (PhilMech) recently distributed 2 billion worth of modern farm machinery to about 6,000 Nueva Ecija rice farmers under RCEF’s mechanization component.
To recall, one of the crucial components of RTL, which allowed unlimited rice importation in the country, is to make Filipino rice farmers competitive by giving them access to free seeds and modern farm equipment to be funded by the so-called RCEF.
See full article at Manila Bulletin
