RM2.63bil in aid for farmers, padi incentive doubled
Farmers stand to get around RM4,300 in various subsidies per hectare of crop grown.
The Malaysian government has announced a RM2.63 billion aid package for farmers for the 2027 budget. Prime Minister Anwar Ibrahim revealed that farmers are set to receive an average of RM4,300 in subsidies per hectare of crops cultivated. Additionally, the padi harvesting incentive has been doubled, with each farmer now receiving RM100 per hectare during each harvest season.
Anwar also disclosed that the ploughing incentive of RM300 will persist and be expanded to include paid farmers in Sabah and Sarawak. Furthermore, the number of special boat licence holders among fishermen will be increased from 17,000 to 20,000, with around RM30 million allocated for this purpose.
Grants will be provided to support aquaculture initiatives, including the distribution of biofloc systems for tilapia farming, aiming to enhance fishermen's income.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- RM2.63bil in aid for farmers, padi incentive doubled freemalaysiatoday.com
