Agriculture - is the basic economic activity, with rice, coconut, corn and banana as their primary products. An agriculture tenant earns as much as P1,000.00 to P2,000.00 per harvest time. Average yield per hectare is from 20 to 40 sacks of rice. Planting time is June, September and December.
Majority of the farmers own their farms. Average income of P5,000.00 to P10,000 is realized every harvest time. Traditional method of farming is still practiced by most farmers. Barangay Igot is the only barangay where Operation Land Transfer (OLT) program of the CARP has been implemented.
Other sources of livelihood are office employment, merchandising and cottage or home industries such as mat weaving and firewood production. Fishing is another source of livelihood, engaged in by most residents of the coastal barangays. Sources of their capital is privately owned. |