DA Bicol provides fuel subsidy for corn farmers, fishers
To assist farmers from the impact of oil price hike, the Department of Agriculture in Bicol launched the Fuel Discount Voucher Program for corn farmers and fishers recently.
Some 50 corn farmers and 25 fishermen of Baao and Sangay, Camarines Sur were the first batch of recipients of the Fuel Discount or subsidy in Bicol.
Fuel discount cash cards containing P3,000 were distributed to the RSBSA-listed corn farmers during the launch.
A total of P500 million has been allocated nationwide for this fuel discount for corn farmers and fishers who own and operate agricultural and fishery machinery individually or through a farmer organization, cooperative or association.
In Bicol, 3,880 corn farmers will receive the P3,000 fuel subsidy with a total allotted funds of P11.6 million. Farm machineries for fuel discount include pumps, engines, tractors, combine harvesters, and corn shellers among others.
Fuel discount cards containing P3,000 were issued by the USSC to the farmer-beneficiaries. Earl Vincent Vegas, DA Bicol Corn Program coordinator, said that this subsidy must only be used to buy gasoline or diesel from the participating or accredited gasoline stations.
During the distribution of fuel subsidy cash cards, the beneficiaries are required to present a valid ID during the Farmer On-Boarding or face-to-face Know-Your-Client (KYC). The Fintech partner will conduct an on-site farmer verification to have a liveness check before the issuance of the cash cards.
The Rice Farmer’s Financial Subsidy (RFFA) worth P5,000 was also given to 50 rice farmers on said date.
The distribution of financial assistance and fuel subsidy were among those government operations allowed by the COMELEC to continue and be exempted from the election ban.