Rice Tarrification Law effects on farmers (Nueva Ecija, Munoz)

Rice Tarrification Law effects on farmers (Nueva Ecija, Munoz)
The Rice Tariffication Law addresses major problems from the current agricultural system to make the country's rice sector more efficient, progressive, and competitive. It safeguards the welfare of local rice farmers and ensures that every Filipino will always have food on their plates. Farmers lost around P68 billion due to the effects of the Rice Tariffication Law, which saw the influx of more imported rice.16 billion in the form of lower prices of rice. On the other hand, palay farmgate prices dipped by P3.62 per kilo and resulted in total losses to farmers of P68.
Rice tariffication ultimately causes an increase in income poverty, across a variety of measures, geographic categories, and time. However, the increase in income poverty comes in small increments and diminishes over time.
Munoz, Nueva Ecija Farmers, women leaders and development workers from Munoz and other parts of Nueva Ecija has called on the City Council of Munoz to review its previous approval for the Golden Rice field trials and ensure the safety of the people and the environment first. SCIENCE CITY OF MUÑOZ. Farmers who are worrying about possible lowering of their income due to the effects of the Republic Act 11203, or the rice trade liberalization law may engage in other income generating projects right in their own backyard.
This is an alarming case for the farmers, especially in Nueva Ecija who are already suffering from the effects of drought, as well as the effects from the low buying prices of palay related to the recently signed rice tariffication law.
To sum up everything that has been stated so far we have to make an action to grow our rice production again and appreciate our farmers.