What is the importance of agricultural policy in the Philippines?

What is the main aim of agricultural policy?

The purpose of agricultural policy is the development of favourable and sustainable guidelines for the promotion of efficient agricultural practices that will guarantee food security, provide employment for the citizens, raw material for all agro – based industries as well as to earn foreign exchange.

What is the important importance of agriculture?

It’s the source of our food supply. Arguably the most important aspect of agriculture is that it’s the source of the world’s food supply. No matter where or what you are eating, the ingredients in your meals came from somewhere. All roads lead to agriculture.

What are the importance of policies and laws in agriculture development?

By establishing the policy and legal framework for the operation of the private sector and by providing those goods and services that the private sector cannot or will not provide, the public sector remains of crucial importance to agricultural development.

What are the aims of agriculture?

Objectives

  • To enhance the economic development of all stake-holders.
  • To generate employment in order to combat vagaries of unemployment problem.
  • To enhance the per capita income to minimize the difference between rural and urban.
  • To improve nutritional standards for betterment of health.
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What is meant by agricultural policy?

Agricultural policy describes a set of laws relating to domestic agriculture and imports of foreign agricultural products. Governments usually implement agricultural policies with the goal of achieving a specific outcome in the domestic agricultural product markets.

Why is agricultural policy important in the Philippines?

The Philippines’ key agricultural policy objectives focus on food security and poverty alleviation through guaranteeing a stable supply of staple food (rice) at affordable prices.

What is the importance of agricultural policy in the Philippines?

Agriculture provides 30% of total employment in the Philippines and represents 11% of its Gross Domestic Product. The Philippines has had notable recent overall economic success, yet improving agricultural performance remains challenging.

What is agriculture explain the importance of agriculture?

Agriculture plays a chiefly role in economy as well as it is considered to be the backbone of economic system for developing countries. For decades, agriculture has been related with the production of vital food crops. The Present era of farming contains dairy, fruit, forestry, poultry beekeeping and arbitrary etc.

What is the importance of agriculture in our economy?

One of the central goals of every developing country is to reach high-income status. Agriculture plays a critical role in transforming economies to reach the goal, along with achieving other essential development goals like ensuring food security and improving nutrition.