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.