Agricultural
productivity must improve to raise rural household incomes. This calls
for a meaningful implementation of the Agriculture and Fisheries Modernization
Act. Farmers and fisher folks will have access to modern agricultural
and fishery inputs developed through research and development. Rural industrialization
with viable off-farm enterprises will accompany agricultural modernization.
The development of infrastructure facilities like irrigation and farm-to-market
roads will be accelerated. A well-functioning rural credit market is indispensable.
Asset
distribution reform is a fundamental strategy to fight poverty. In this
regard, land reform shall continue, along with more effective support
services for agrarian reform beneficiaries. The Administration is committed
to complete land distribution within the decade. To ensure the flow of
private investments to agriculture, land-based issues, such as the reluctance
of banks to accept land as collateral will be addressed.
As
agriculture is modernized, safeguards will be put in place to ensure that
intensified production activities do not undermine the integrity of the
environment. The Plan espouses policies that promote environment-friendly
technologies and sustainable farming practices that conserve natural resources.