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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Parents: Give us more time to gauge readiness of our kids
New entry tests for Year One to be unveiled soon
Decorations galloping off the shelves
Star power boosts Warisan’s campaign
Three nabbed by Customs in RM22mil bust
Early Year One entry may strain schools further
Climate Change Bill set for first reading
Fragility hip fracture a silent killer
University official faces trial over fraud claims
Hip fractures to triple by 2050

Others Also Read