AGRICULTURE and Food Security Minister Datuk Seri Mohammad Sabu, popularly known as Mat Sabu, has indicated that the government is contemplating the introduction of targeted subsidies for rice as part of the ongoing restructuring of the rice industry.
The proposed move aims to ensure the sustainability and efficiency of the industry while addressing the interests of various stakeholders including farmers, wholesalers, millers and consumers.
Mat Sabu pointed out the importance of prioritising farmers’ interests while ensuring that wholesalers and millers do not suffer losses.
“As for consumers, there are different categories, (for example) we have millions of foreign workers who enjoy subsidised rice,” Astro Awani quoted him as saying.
The minister also highlighted the diverse categories of consumers including millions of foreign workers who currently benefit from subsidised rice. Presently, local white rice is retailed at a capped price of RM2.60 per kilogramme with unrestricted access for purchase.
Moreover, the restructuring plans expected to be announced within three to four months involve extensive consultations with stakeholders. Mat Sabu stressed the significance of engaging all parties to address long-standing issues within the industry.
“Once (registrations for) the Padu (Central Database Hub) is complete, we may move towards targeted subsidies (for rice).”
Mat Sabu also expressed optimism about Malaysia’s potential to achieve self-sufficiency in rice production.
“We cannot depend on imports forever. Can we reach the self-sufficiency level (SSL) for rice? I say yes, it is possible,” he said, adding this was possible by leveraging new technology, advanced planting methods, and opening new lands for padi planting.”
Furthermore, he commended the cooperation of state governments including those led by the opposition, in facilitating the expansion of padi cultivation. – March 20, 2024
Main photo credit: Bernama
