• World News
  • Politics
  • Economy
  • Stock
  • Editor’s Pick
Global Trading Markets
EconomyEditor's Pick

KADIWA stores to offer P20 subsidized rice for vulnerable consumers

by April 28, 2025
April 28, 2025

GOVERNMENT-BACKED stores selling produce at less than market prices will carry P20-per-kilo rice starting May 2, days before the midterm elections, the Department of Agriculture (DA) said.

“High-quality” rice will be sold at P20 per kilo to selected beneficiaries at KADIWA centers or by local government units (LGUs), the DA said.

Eligible purchasers include “indigents, senior citizens, solo parents, and persons with disabilities,” the DA said. They will be entitled to purchase 30 kilos per month.

The rice will be procured by Food Terminal, Inc. from the National Food Authority (NFA), which holds reserves of 7.56 million bags, the DA said.

The NFA’s five-year high reserve level is equivalent to 10 days’ demand.

For the pilot run, participating LGUs that help pay for the subsidy may make the rice available to all households in their community regardless of whether they belong to the vulnerable segments of society, according to DA.

It did not say which outlets will offer P20, but said LGUs in the Visayas and selected locations like San Juan City, San Jose del Monte, Bulacan, Camarines Sur, and Mati, Davao Oriental have joined the program.

Hansley A. Juliano, who teaches political science at the Ateneo de Manila, said the the new initiative — just a few days after the DA announced the P20 rice pilot program in the Visayas — may be an effort by the Marcos administration to gain more support ahead of the May 12 midterm elections.

“This feels like ‘cramming the submission,’” he said via chat.

Mr. Marcos ran on a campaign promise to bring the price of rice down to P20 per kilo.

“If they could have genuinely done it as a policy, why (launch it) on the eve of elections?” Mr. Juliano said.

OCTA Research Fellow Fredegusto P. David said the rush to implement the P20 rice program may still have an impact on voting preferences.

“Maybe around 20% of voters will put this in their consideration,” he said, noting that socio-economic classes D and E are “particularly likely to be influenced” by the rice initiative and other similar programs.

The DA said the new initiative for KADIWA markets “aligns” with its food security emergency declaration.

The emergency, declared in late January, allows the NFA to release stocks to government agencies, LGUs, and KADIWA markets.

In the face of rising costs, the government has also imposed a maximum suggested retail price for rice.

“With world market prices now averaging just $300 per metric ton — down from a high of over $700 — and with NFA buffer stocks at their strongest in years, we felt the conditions were finally right to launch,” Agriculture Francisco Tiu Laurel, Jr. said.

Prices of rice in Metro Manila markets ranged from P39.99 to P58.17 per kilo from April 21 to April 24, according to DA price monitors.

The Commission on Elections has exempted the P20 rice program from the spending ban in force ahead of the polls.

IBON Foundation over the weekend said the program is unsustainable, urging the government to prioritize programs that raise farm productivity.

The DA said NFA Administrator Larry Lacson has directed his procurement staff to purchase as much palay (unmilled rice) as possible at P18 to P24 per kilo “to help boost farmers’ incomes.” — Kyle Aristophere T. Atienza

previous post
Illinois Gov. J.B. Pritzker Says Republicans ‘Cannot Know a Moment of Peace’ — Likens Them to ‘Tyrants and Traitors’ (VIDEO)
next post
LRTA Q1 revenue P349M as rider volumes climb

You may also like

German startup keen on tackling e-waste in developing...

June 5, 2025

Solar, energy-efficiency program for schools, gov’t hospitals to...

June 5, 2025

Food and beverage tops list of leading FMCG...

June 5, 2025

ADB to fund four PHL RE, energy-efficiency projects

June 5, 2025

PEZA sees Chinese interest in locating, expanding in...

June 5, 2025

PHL offers ‘denuded’ forest land to investors

June 5, 2025

Gov’t ‘satisfied’ with progress of trade negotiations with...

June 5, 2025

La Union court rejects claim on Poro Point...

June 5, 2025

CAB seeking to expand India air service agreement

June 5, 2025

Gov’t-funded vessel to bring fish buyers to WPS...

June 5, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Democrats Defend California SEIU Labor Leader David Huerta After Arrest for Blocking ICE Vehicle During Los Angeles Immigration Raids

      June 7, 2025
    • Jamie Raskin Claims Democrats Never Defended Kilmar Abrego Garcia – Video Evidence Proves Him Wrong

      June 7, 2025
    • Officers Deploy Tear Gas and Storm Protestors at Federal Detention Facility in Downtown Los Angeles (VIDEO) **DHS Responds**

      June 7, 2025
    • North Carolina School District Forced to Apologize and Pay $20K to Student Who Was Suspended for Saying ‘Illegal Alien’

      June 7, 2025
    • Hakeem Jeffries Says ‘People Will Die’ if the Big Beautiful Bill Passes (VIDEO)

      June 7, 2025
    Footer Logo
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 GlobalTradingMarkets.com All Rights Reserved.

    Global Trading Markets
    • World News
    • Politics
    • Economy
    • Stock
    • Editor’s Pick