The Ministry of Finance (MOF) announced details of the MADANI Subsidy Assistance Program which provides targeted subsidies for diesel vehicle owners and sm
The Ministry of Finance announced details of the MADANI Subsidy Assistance Program which provides targeted subsidies for diesel vehicle owners and smallholders in the agricultural and commodity sectors. That said, what should you know about it?
Additionally, Diesel vehicle owners and smallholders can apply under two categories. These categories are Individual BUDI for individual diesel vehicle owners and Agri-Commodity BUDI for smallholders in agriculture and commodities. Eligible recipients will receive RM200 per month. Moreover, those who apply before June 3, 2024, and are approved will receive the first cash assistance in mid-June 2024. The subsequent payments will be made monthly. Applications approved after this date will receive the first payment within two weeks. Cash assistance will be deposited into the recipient's bank account or collected at Bank Simpanan Nasional branches if no bank account is available.
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