ALOR SETAR: Farmers in the country have welcomed the government initiative to implement a new maximum control price adjustment for the Certified Padi ...
: Farmers in the country have welcomed the government initiative to implement a new maximum control price adjustment for the Certified Padi Seed Incentive programme in Peninsular Malaysia which came into effect yesterday.
According to him, the initiative definitely helps farmers to some extent, but does not commensurate with the cost incurred by the farmers and their income. “However, yesterday Agriculture and Food Security Minister Datuk Seri Mohamad Sabu announced the maximum price of padi seeds at the retail level has also increased from RM35 to RM45 per 20-kg bag. This means there will be a cost increase of 50 sen or 30 per cent for each kilogramme of padi seeds bought by farmers at the beginning of each season.
Meanwhile, Abdul Rashid said although the government had announced the increase in the floor price of rice under Budget 2024, he hoped that the rate would be increased to at least RM1,500 per tonne to raise farmers’ incomes.
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