KUALA LUMPUR: Padi farmers and rubber smallholders who struggle with unpredictable weather, especially during the monsoon season, will receive various subsidies under Budget 2023.
Prime Minister Datuk Seri Anwar Ibrahim said for padi farmers, the government would continue to distribute various subsidies and incentives with an allocation of RM1.6bil.
"In addition to the RM60mil contribution provided, Bernas has also agreed to share profits from rice imports by contributing 30% of the net profit to padi farmers," he said when tabling Budget 2023 in the Dewan Rakyat today . He also urged the Malaysian Rubber Board to simplify the process for claims, especially involving smallholders who had to travel dozens of kilometres just to get the incentive.
He said the government also agreed to increase the monsoon aid for smallholders from RM600 to RM800 for a period of four months, to ease the burden borne by 320,000 individuals in the target group, involving an allocation of RM256mil.
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