Groups renew lobby vs rice import liberalization - BusinessWorld Online

mandate to buffer stocking and removed its function to regulate rice prices through subsidized pricing,Local commercial rice prices currently range from P48 to P60 per kilogram , while imported commercial rice is at P46 to P58/kg, according to the Department of Agriculture.

The law liberalized rice imports but required importers to pay a 35% tariff on Southeast Asian grain. A percentage of the tariff collection, apart from a fixed annual P10-billion fund, are appropriated to the rice industryThe groups called on lawmakers to pass House Bill No. 405, or The Rice Industry Development Act, which was filed by Assistant Minority Leader Arlene D. Brosas, Deputy Minority Leader France L. Castro, and Kabataan Party-list Rep. Raoul Danniel A. Manuel.

Under the proposed measure, rice farmers could avail production inputs such as seeds, fertilizer, and tools at discounted prices. The bill also aims to develop irrigation and post-harvest facilities for farmers.Flooding the local market with rice imports has been proven to be a flawed solution in addressing surging rice prices and food security.

Source: Law Daily Report (lawdailyreport.net)

The headline should be Groups linked to the CPP-NPA....

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