MANILA, Philippines — The government is studying a proposal to provide a 50-percent insurance subsidy for commercial hog raisers in a bid to boost the supply of pork in the markets as one of the initiatives talked about during the Cabinet meeting held with President Rodrigo Duterte on Monday, Cabinet Secretary Karlo Nograles said Tuesday.
He said the funding for the said subsidy will be sourced from the quick response fund of the Department of Agriculture.
“One proposal being studied is an insurance subsidy of 50 percent for commercial hog raisers that will utilize the quick response fund of the Department of Agriculture,” he said in an online press briefing.
To augment th…
Keep on reading: Gov’t eyes insurance subsidy for hog raisers to boost supply of pork