Budget 2020: RM200mil to assist smallholders weather rainy seasons


KUALA LUMPUR (Bernama): Recognising the hardships caused by low rubber prices, the government will allocate RM200mil for Bantuan Musim Tengkujuh (Rainy Season Aid) to eligible smallholders under the Rubber Industries Smallholders Development Authority (Risda) and Lembaga Industri Getah Sabah (LIGS).

Finance Minister Lim Guan Eng said the government will also allocate RM100mil for the Rubber Production Incentive in 2020 to enhance the income of smallholders faced with low rubber prices.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Kinabalu Press Awards returns: Submission deadline on May 10
Copter tragedy: 1,000 congregants at KK naval base attend Yasin recitation, tahlil ceremony
Stop whining, engage and help the people instead, says PM
U Mobile launches store in KK shopping mall, first in East Malaysia
Anwar returns Khazanah allowance, reiterates decision to forgo PM salary
Fahmi visits ex-media practitioners, presents Kasih@Hawana aid
Perlis MB's son, four others released on MACC bail
Zahid, Muhyiddin settle defamation suit
Elderly man drowns while fishing in Putatan
Teen with bone cancer gets wish of visiting KLCC granted by PETRONAS

Others Also Read