1.4K Mindoro farmers, fishers get indemnity checks from PCIC – DA
2024-Nov-15 07:00
2024-Nov-15 07:57
MANILA – Agriculture Secretary Francisco Tiu Laurel Jr. on Thursday led the distribution of indemnity checks worth P24.73 million to 1,437 insured farmers and fisherfolk from the provinces of Oriental and Occidental Mindoro affected by the recent tropical cyclones.
"The timely release of these indemnity payments is part of government's commitment to immediately provide assistance to farmers and fisherfolk who suffered due to typhoons," Tiu Laurel said.
The payout from the Philippine Crop Insurance Corp. (PCIC) includes P16.046 million for 918 beneficiaries in Occidental Mindoro and P8.684 million for 519 beneficiaries in Oriental Mindoro.
The PCIC said these funds would assist recipients in restoring their livelihoods, including crops, fishing equipment, and other assets damaged by the storms.
It also encouraged farmers and fisherfolk to participate in crop insurance programs that provide an essential safety net against future calamities for those in high-risk areas.
In addition to the PCIC payouts, DA 4-B (Mimaropa) also delivered P261 million worth of aid to affected farmers, including financial assistance, hybrid rice seeds, hybrid and open-pollinated variety (OPV) corn seeds, fertilizer discounts, and hauling trucks. (PNA)