Establishment of a System of Supplying Rice at Subsidized Prices
Letter of Instructions No. 903, issued on March 28, 1979, by President Ferdinand E. Marcos, addresses the economic challenges posed by rising oil prices and inflation. It outlines a plan to increase minimum wages and allowances effective April 1, 1979, while temporarily exempting certain distressed and export-oriented industries. Additionally, it mandates the National Grains Authority to implement a subsidized rice pricing system, selling rice at P2.10 per kilo to government employees and employees in specified industries. This measure is intended to provide assistance until wage adjustments are made, and it will remain in effect until those adjustments occur.
Quick Answers
- What is Establishment of a System of Supplying Rice at Subsidized Prices about?
- Letter of Instructions No. 903, issued on March 28, 1979, by President Ferdinand E. Marcos, addresses the economic challenges posed by rising oil prices and inflation. It outlines a plan to increase minimum wages and allowances effective April 1, 1979, while temporarily exempting certain distressed and export-oriented industries. Additionally, it mandates the National Grains Authority to implement a subsidized rice pricing system, selling rice at P2.10 per kilo to government employees and employees in specified industries. This measure is intended to provide assistance until wage adjustments are made, and it will remain in effect until those adjustments occur.
- What type of law is Letter of Instructions No. 903?
- Establishment of a System of Supplying Rice at Subsidized Prices (Letter of Instructions No. 903) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Establishment of a System of Supplying Rice at Subsidized Prices enacted?
- Establishment of a System of Supplying Rice at Subsidized Prices (Letter of Instructions No. 903) was enacted on Mar 28, 1979.
- What is the citation for Establishment of a System of Supplying Rice at Subsidized Prices?
- Establishment of a System of Supplying Rice at Subsidized Prices, Letter of Instructions No. 903, Mar 28, 1979 (Philippines)
Law Information
- Reference Number
- Letter of Instructions No. 903
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
March 28, 1979
LETTER OF INSTRUCTIONS NO. 903
| TO | : | The Minister of Agriculture |
| The Administrator, National Grains Authority | ||
| All Concerned |
WHEREAS, due to the recent OPEC increases in the price of crude oil and the severe inflation of the last few years, the government has implemented an integrated package of increased prices and wages to ensure that the economy can withstand these new external pressures;
WHEREAS, as part of this package, the government has substantially increased minimum wages and allowances to take effect on April 1, 1979 but has exempted temporarily distressed industries, labor-intensive and export-oriented cottage and handicraft industries, labor-intensive export industries and other industries as defined in Letter of Instructions No. 829;
WHEREAS, the salaries and wages of government employees shall only be adjusted to meet the latest round of price increases beginning on May 1, 1979;
WHEREAS, the retail ceiling price of milled rice will be increased by the National Grains Authority to P2.45 per kilo effective April 1, 1979, and
WHEREAS, it is my desire that the above-mentioned groups be given assistance until their salaries and wages are adjusted upward; cdt
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippine by the powers vested in me by the Constitution, do hereby authorize, order and direct:
1. The National Grains Authority to establish a system of supplying rice at subsidized prices to the following:
a. All government employees and
b. All employees of temporarily distressed industries, labor-intensive and export-oriented cottage and handicraft industries, labor-intensive export industries and other industries as defined in Letter of Instructions No. 829.
2. The National Grains Authority shall sell subsidized rice to the above-mentioned groups at P2.10 per kilo. cd
This Letter of Instructions shall take effect on April 1, 1979 and shall remain in force and effect until the various categories of employees shall receive their wage adjustments.
DONE on this 28th day of March, in the year of Our Lord, Nineteen Hundred and Seventy-Nine, in the City of Manila. cd i
Cite This Law
Establishment of a System of Supplying Rice at Subsidized Prices, Letter of Instructions No. 903, Mar 28, 1979 (Philippines)
Establishment of a System of Supplying Rice at Subsidized Prices, Letter of Instructions No. 903 (Phil. 1979)
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