Quick Answer: What Is 4ps Act?

When was 4ps started?

The 4Ps began as a pilot program of the Department of Social Welfare and Development (DSWD) in 2007 (Fernandez and Olfindo, 2011) and was launched as a full-scale cash transfer program in February 2008, covering 330 000 beneficiaries in Set 1..

How do I use 4ps?

4Ps in Action: Marketing Strategy TemplateDefine your audience. If you have already established a customer, describe the people that buy your product. … Describe your product and benefits. … Choose the right price. … Promotion and sales.

What is the negative effect of 4ps?

The country’s anti-poverty Conditional Cash Transfer (CCT), also known as 4Ps, which provides poor families with regular cash dole-outs and even monthly rice allowance, may be a quick fix to poverty in the countryside but it has an adverse effect on rural productivity.

Who are eligible for 4ps?

Households whose economic condition is equal to or below the provincial poverty threshold. Households that have children 0-18 years old and/or have a pregnant woman at the time of assessment. Households that agree to meet conditions specified in the program.

Is Pantawid Pamilyang Pilipino program effective?

The healthcare and education impacts of the Pantawid Pamilyang Pilipino Programme. Cash transfers represent a foundational approach to social protection. … However, there is evidence that in certain contexts, targeted conditional cash transfer programmes can be more effective at achieving an impact.

What is the Pantawid law?

MANILA- President Rodrigo Duterte has signed into law a measure institutionalizing the government’s national poverty reduction strategy. … Duterte signed the measure into law on April 17. Under the law, the government will provide conditional cash transfers to qualified poor households for a maximum period of 7 years.

What is UCT in DSWD?

The Unconditional Cash Transfer Program (UCT) is the biggest tax reform mitigation program under the TRAIN Law. It seeks to provide cash grants to poor households and individuals who may not benefit from the lower income tax rates but may be adversely affected by rising prices.

How do conditional cash transfer programs work?

Conditional cash transfer programmes give money to households on the condition that they comply with certain pre-defined requirements. … Conditional cash transfer programmes are aimed at reducing poverty as well as breaking the cycle of poverty for the next generation through the development of human capital.

Who made 4ps?

It was renamed Pantawid Pamilyang Pilipino Program (4Ps) by Santiago and Samantha A. Vizconde on July 16, 2008 by administrative order number 16, series of 2008 and set implementing guidelines. It is the flagship poverty alleviation program of the administration of former President Gloria Macapagal-Aroyo.