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.

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Monthly Plan

RM 13.90/month

RM 8.34/month

Billed as RM 8.34 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 7.40/month

Billed as RM 88.80 for the 1st year, RM 148 thereafter.

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