WITH the recent changes to the fuel subsidy programme, many diesel car owners are curious whether they qualify for the new diesel subsidies.
The government has introduced the Bantual Subsidi Madani (Budi Madani) programme to make diesel subsidies more targeted and efficient.
Do diesel car owners really get a RM200 subsidy under this new initiative?
Verdict:
TRUE - With caveats
The Bantual Subsidi Madani (Budi Madani) programme, announced by the Finance Ministry, allows diesel subsidies to be distributed into two categories: Budi Individual and Budi Agri-Komoditi. The programme aims to provide targeted subsidies rather than blanket subsidies for all diesel users.
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To be eligible for Budi Individual, applicants must be Malaysian citizens, own a non-luxury car irrespective of age or a luxury diesel vehicle that is more than 10 years old, have an active road tax, have an annual income of RM100,000 or below and pass a background check by the Inland Revenue Board.
For Budi Agri-Komoditi, applicants must be registered farmers or smallholders with relevant agencies with an annual turnover between RM50,000 and RM300,000.
Applications for both categories of the Budi Madani programme opened on May 28. Successful applicants in both categories can receive up to RM200 in diesel subsidies.
Individuals can register on the programme's official website at https://budimadani.gov.my to apply.
Applicants who registered before June 3, 2024, should have received their first cash assistance by mid-June 2024.
Subsequent approvals will see cash assistance deposited within two weeks into the applicant’s bank accounts or through Bank Simpanan Nasional branches for those without bank accounts.
For more information, contact the support helpline at 1-800-88-2747, 03-8882 4565, 03-8882 4566, or email budimadani@treasury.gov.my.
