PETALING JAYA: The growth and sustainability of the paddy industry will require a restructuring of subsidies and stronger institutional support, research shows.
According to a study titled “Implications of the Dominant Shift to Industrial Crops in Malaysian Agriculture, Phase 1: System Dynamics Model of the Paddy and Rice Sector” by Khazanah Research Institute’s (KRI), increasing subsidies and guaranteed minimum pricing for paddy since 2005 have failed to significantly boost farmers’ incomes.
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