The Philippines, which has already opened the local market to the unlimited entry of cheaper imported rice, has a lot of catching up to do, but thanks to the rice fund that was just recently made available, the country can now afford to hire new generation of rice specialists.
A statement showed that the Philippine Rice Research Institute , which will receive P5 billion from the Rice Competitiveness Enhancement Fund , already began training new generation of rice specialists to help farmers become competitive amid the entry of more imported rice.
The training forms part of the agency’s preparations to make use of its share of the RCEF, which is where all the tariff collected from imported rice should go. As part of the Republic Act 11203 or the Rice Tariffication Law, RCEF will be first infused with P10 billion annually from 2019 to 2024 or a period of six years.
Of the P10 billion, P5 billion will be allocated for mechanization of rice farming, P3 billion for provision of high-yielding in bred rice seeds, P1 billion for credit support, and P1 billion for extension support and education of rice farmers. “There is a need to train a new generation of rice specialists as most of the graduates from the first training program were either retired, promoted to higher positions in the government, or transferred to private sector,” said Philrice’s Technology Management and Services Division Head Lea Abaoag.
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