House Deputy Speaker Ralph Recto of Batangas, one of the authors of the measure, said this policy will increase the productivity of ARBs with financial resources through the condonation of their annual amortization and interests, including penalties or surcharges as well as reduce the administrative cost of implementing the agrarian reform program.
“Ultimately, it endeavors to achieve the original intent of the agrarian reform program: to improve the lives of farmers, reduce rural poverty and accelerate rural development. Such intervention is founded on the principles of the agrarian reform law, which seek to uphold the welfare of landless farmers and farmworkers with the goal of promoting social justice, sound rural development and industrialization,” Recto said in his explanatory note on the measure.
But for Lagman, the bill’s provision for a 10-year window preventing the conversion of the agricultural land under CARP is not enough since the proposal does not prevent the ARBs from using their land as mortgage when they try to secure a loan. “This is social legislation. We are not looking at a parcel of land which is generic. We are giving the farmer a parcel of land that will sustain them, most probably, in perpetuity. If we capacitate them to mortgaging their land and they fail to pay, that would be the end for that ARB and the family,” Lagman added.
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