Manila, Aug. 25 -- The Department of Agriculture (DA) encouraged the rice farmers to avail of the government's one-time loan assistance as they have only until December this year to submit their applications.
Agriculture Secretary William Dar said the government will start receiving applications for one-time, zero-interest loans on Sept. 1, 2019.
"Their application should not go beyond this year, they have to access it within a year," Dar stressed.
He said each farmer affected by the Rice Tariffication Law (RTL) due to the influx of cheaper rice imports can avail of the PHP1.5 billion one-time loan assistance program.
Dar said rice farmers who are tilling one-hectare land and below may avail of the PHP15,000 loan payable up to eight yea...