With the initiative of Filipino-owned tobacco company, Mighty Corp, they vowed to help local farmers in boosting the tobacco industry.
According to The National Tobacco Administration chief Edgardo Zaragoza, they've welcomed the assistance provided to the company.
“The more players dealing directly with the farmers, the better and merrier. This is a big boost to the tobacco industry,” Zaragoza said.
He added that the CSR programs of Mighty will increase the assistance provided to farmers and their families. They urged other companies to do the same thing.
The company has provided 90 diesel-fed water pumps and 16 power tillers to farmers in the provinces of Abra, Ilocs Norte, Ilocos Sur, La Union, Pangasinan, Isabela and Cagayan. Mighty bought at least 10 million kilograms of tobacco leaves. They've also provided 100 scholarships to high school graduate children of tobacco farmers.
Zaragoza said the NTA was working on the implementing rules for the excise taxes on cigarettes “to ensure that the taxes will directly benefit tobacco farmers.”
“In 2003, excise tax collection from tobacco increasaed by almost P35 billion. From P32 billion in 2012, it became P67 billion in 2013,” Zaragoza said.
According to The National Tobacco Administration chief Edgardo Zaragoza, they've welcomed the assistance provided to the company.
“The more players dealing directly with the farmers, the better and merrier. This is a big boost to the tobacco industry,” Zaragoza said.
He added that the CSR programs of Mighty will increase the assistance provided to farmers and their families. They urged other companies to do the same thing.
The company has provided 90 diesel-fed water pumps and 16 power tillers to farmers in the provinces of Abra, Ilocs Norte, Ilocos Sur, La Union, Pangasinan, Isabela and Cagayan. Mighty bought at least 10 million kilograms of tobacco leaves. They've also provided 100 scholarships to high school graduate children of tobacco farmers.
Zaragoza said the NTA was working on the implementing rules for the excise taxes on cigarettes “to ensure that the taxes will directly benefit tobacco farmers.”
“In 2003, excise tax collection from tobacco increasaed by almost P35 billion. From P32 billion in 2012, it became P67 billion in 2013,” Zaragoza said.