Fishermen still sheltered by original subsidy despite Budi95, says LKIM


MUAR: The government's move to implement targeted fuel subsidies does not affect the original subsidies currently enjoyed by some 112,000 registered fishermen nationwide.

Malaysian Fisheries Development Board (LKIM) chairman Muhammad Faiz Fadzil said that on the contrary, fishermen also receive additional benefits through the Budi Madani 95 (BUDI95) initiative, which reduced their travelling costs to the petrol station.

"For boat owners who use petrol, they need to go to the petrol station to buy fuel. So with the savings that the government is offering today, at prices of up to RM1.99 per litre, it reduces the operational and travelling costs of the fishermen themselves. This should increase productivity or fish output," he said.

He was speaking in a press conference after the LKIM chairman's Meet-and-Greet event, which also witnessed the presentation of two generator units (gensets) to the Muar Fishermen's Association through the Development and Empowerment Grant Assistance on Friday (Oct 3).

Currently, registered boat owners receive the benefits of the Fishermen's Diesel and Petrol Subsidy Scheme at RM1.65 per litre, in addition to a monthly Fishermen's Cost of Living Allowance of RM300.

Meanwhile, he encouraged fishermen to venture into fish farming, whether freshwater or marine, through aquaculture projects, which have now become a new avenue to increase fish supply.

"Marine resources are gradually declining. Most coastal areas today are involved in development activities such as sea reclamation that can affect fishing zones and catch," he added.- Bernama

 

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
LKIM , BUDI95 , petrol , subsidy , Muhammad Faiz Fadzil

Next In Nation

Pricier coconuts, cheaper rice
INTERACTIVE: Malaysia’s seniors face a loneliness crisis
Seniors find companionship and independence at PAWE
Sahronizam’s second cancer surgery postponed
Azam bids teary farewell to anti-graft agency
6,600 busted by MACC since 2020
PM hails nurses for their dedication and life-long service
Growing old at home, not in an institution
Sammo ditches wheelchair
B15 biodiesel rollout wins support despite old lorry risks

Others Also Read