NextGen Day

One of the initiatives Secretary Conrado Estrella III will offer during the Cabinet meeting in Malacaang on Tuesday is to accelerate the distribution of land ownership titles starting in 2023.

According to a statement released on Monday, DAR aims to finish subdividing around 34,500 collective certificates of land ownership awards (CLOA) totaling 345,089 hectares of land and issue 134,000 individual titles to agrarian reform beneficiaries (ARBs).

The New Agrarian Emancipation Act, also known as House Bill (HB) 6336, will lessen the financial burden on ARBs by condoning unpaid amortizations and interests and exempting payment of estate tax on agricultural lands awarded under the comprehensive agrarian reform program. The agency anticipates that the Senate will approve this bill.

In accordance with HB 6336, “unpaid amortizations, interest payments, surcharges, and penalties of previous loans” will be excused or written off.

The remaining sums of ARBs’ unpaid debts to landowners shall be assumed by the Land Bank of the Philippines.

Restructuring judicial procedures, hastening the conclusion of pending agrarian issues, and expanding financing, technical, and infrastructural development support for the ARBs, their groups, and communities to foster economic growth in rural areas are further DAR priorities.

DAR will also give stakeholders with simple access to information, update its database, and formally establish an Agrarian Reform Information Resource Center.

The DAR scholarship program’s growth, the development of support services for ARB scholars, and the encouragement of inter-agency project collaborations for the benefit of ARBs, their organizations, and communities are also in the works.

Executive Order No. 4, issued on September 13 and directing a moratorium on the payment of the principal obligation and interest on the amortization due and payable by ARBs, is one of DAR’s accomplishments for 2022 since Estrella took office.

ARBs from Tarlac, Laguna, Palawan, Cagayan de Oro, Camiguin, Davao, Pagadian, and Soccsksargen have also received CLOAs from DAR.

According to the DAR Adjudication Board, as of September 8, a total of 638,445 out of 640,807 cases had been settled, while just 2,291 of the 945,875 cases involving the implementation of the agrarian law remained unresolved from 1993 to June 2022.

Estrella expressed her gratitude to President Ferdinand R. Marcos Jr. for his support of ARBs in particular.

Estrella said in a statement that “for 2023, DAR will deliver as anticipated and we will continue to bring government closer to the people.”

Save/Share this story with QR CODE

---

Disclaimer

This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

📩 Need to get in touch?

📩 Feel free to Contact NextGenDay.com for comments, suggestions, reviews, or anything else.

---

We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❤️GIVE A TIP. Send a small donation thru Paypal😊❤️
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) 🛒 BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) 👍 Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).

---

AFFILIATE PARTNERS

World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.

---