Smallholders set to gain from incentives

Going auto: The budget has proposed a matching grant of RM30mil for investment in the mechanisation and automation in the plantation sector.

PETALING JAYA: The Budget 2021 proposals for the commodities sector are mostly skewed towards enhancing the welfare of the smallholders nationwide.

According to Malaysian Palm Oil Board (MPOB) director-general Ahmad Parveez Ghulam Kadir, (pic below) the overall RM50mil incentives would help to ensure the sustainability and the competitive edge of the local palm oil industry.