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    Posted July 3, 2014 by

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    Phl imposes SRP on rice, garlic

    IN a move to effect immediate relief to the unabated increases in prices of food commodities, members of the House of Representatives' Committee on Agriculture and Food and the Special Committee on Food Security on Thursday unanimously approved the immediate filing of a Joint Resolution urging government agencies concerned to impose price controls or suggested retail price (SRP) on basic and prime agricultural commodities.
    The move is necessary to afford immediate relief of the population to the spiraling costs of food.
    Lawmakers said this will cushion the effects of the burgeoning increases in other commodities on consumers such as petroleum products that certainly drives inflation and now push food prices up.
    According to an SWS survey on June 2013, “the third quarter survey results showed that 3.9 million Filipino households or 17.9 percent of the population (about 15 million) continue to experience involuntary hunger, and as such, government agencies concerned must act now for the simple reason that hunger could not be postponed,” said Rep. Agapito Guanlao, chair of the Special Committee on Food Security.
    On the other hand, the joint committees also directed the Bureau of Plant Industry (BPI) to submit all import permits issued to importers of garlic and for importers to provide data on whom they sold their imports.
    This places the joint committees in chase of the paper trail left behind by “billionaire” traders who, according to Cagayan Rep. Vicente Ting “may have profited about P5 billion from the importation of 28,000 metric tons of garlic this year.”
    Negros Oriental Rep. Pryde Henry Teves, on the other hand, insisted on finding out the criminal liability of those involved in the issue.
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