An Act Providing Direct Financial Assistance To Filipino Rice Farmers Establishing For The Purpose The Pantawid Magsasakang Pilipino Program, Providing Funds Therefor, And For Other Purposes

• This bill seeks to provide direct financial assistance to rice farming households by instituting a Pantawid Magsasakang Pilipino Program. 
• In this proposed measure, the allocation of tariff revenues collected in excess of P10 billion shall be provided to farmers in the form of a conditional cash transfer program. 
• It mandates the provision of rice insurance to protect rice crops against insurable risks. 
• It provides farmers with additional income through temporary employment in government projects.
• These interventions are sought in cognizance of the short-term obligation to mitigate the abrupt reduction of farmer incomes caused by the rescission of quantitative rice import restrictions and the medium- to long-term need to keep farmers producing food staples, in line with the twin objectives of improving overall agricultural productivity and achieving food security. 

• It provides farmers with additional income through temporary employment in government projects

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