ALOR SETAR, OCT 21 — Farmers in the country have welcomed the government initiative to implement a new maximum control price adjustment for the Certified Paddy Seed Incentive...
Farmers in Malaysia have welcomed the government initiative to implement a new maximum control price adjustment for the Certified Paddy Seed Incentive programme in Peninsular Malaysia which came into effect yesterday, but PeSawah exco member Abdul Rashid Yob said the organisation is requesting a long-term solution to be introduced to ease the burden of farmers with the increase in operating costs.
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.“Previously, the Prime Minister announced the decision to raise the floor price of rice from RM1,200 to RM1,300 per tonne when tabling the Malaysia Madani Budget 2024 . This allows farmers’ income to be increased by 10 sen per kilogramme , providing an increase of 8.4 per cent in income for farmers.
“What I am saying is that we cannot balance up when these costs also cover operational costs such as land rent, machinery, pesticides and various other agricultural inputs,” he said when met by reporters at a programme attended by 100 farmers in Kampung Teluk Jamat here today.
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