Targeting the Agricultural Poor: The Case of PCIC`s Special Programs
Christian Mina,
Celia M. Reyes and
Reneli Ann B. Gloria
No DP 2015-08, Discussion Papers from Philippine Institute for Development Studies
Abstract:
Under the Aquino administration, premium subsidies on agricultural insurance have significantly increased, mostly due to the special programs being implemented by the Philippine Crop Insurance Corporation (PCIC). This paper attempts to describe the various fully subsidized agricultural insurance programs of the PCIC, the rationale of each, the beneficiary selection procedures that they undertake, and highlight the implementation issues and concerns that might have policy and welfare implications crucial to their success. The paper finds that the lack of predictability or continuity in implementing these programs, coupled with difficulties in interagency coordination, has posed operational challenges in implementing these. There is also a need for an overarching policy to guide the administration of government subsidies in agricultural insurance, as well as guidelines on prioritization of beneficiaries, to help PCIC offer continued services to the identified beneficiaries and determine who to prioritize.
Keywords: Philippines; agricultural credit; agricultural insurance; Philippine Crop Insurance Corporation; government premium subsidy; DAR ARB-AIP; Registry System for Basic Sectors in Agriculture (RSBSA); DA-Sikat Saka; WARA; NIA Third Cropping Rice Program (search for similar items in EconPapers)
Pages: 40
Date: 2015
New Economics Papers: this item is included in nep-agr, nep-ias and nep-sea
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Citations: View citations in EconPapers (4)
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