DAR chief to panel: Hasten IRR of law condoning farmers’ debts

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DAR chief to panel: Hasten IRR of law condoning farmers’ debts
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The Department of Agrarian Reform (DAR) has directed the committee tasked with the formulation of the implementing rules and regulations (IRR) of Republic Act (RA) 11953, or the New Agrarian Emancipation Act, to step up its efforts and make the IRR “inclusive.” DAR Secretary Conrado M. Estrella III wants the…

The Department of Agrarian Reform has directed the committee tasked with the formulation of the implementing rules and regulations of Republic Act 11953, or the New Agrarian Emancipation Act, to step up its efforts and make the IRR “inclusive.”

During the first joint meeting of the committee, Estrella reiterated the need for a comprehensive IRR for the law’s smooth implementation and within the 60-day deadline provided for, after its effectivity on July 23, 2023. The condonation of the debt burden of agrarian reform beneficiaries will cost P57.57 billion and benefit 610,054 agrarian reform beneficiaries , covering 1,173,101.57 hectares of agrarian reform lands.

The ARBs covered by RA 11953 will also be included in the Registry System for Basic Sectors in Agriculture of the Department of Agriculture, which will give them access to support services from the agency.The law provides for restitution awarded to agrarian reform lands, which were forfeited solely due to nonpayment of annual amortizations, and interest will be restored to the original beneficiaries.

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BusinessMirror /  🏆 19. in PH

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