Selangor to subsidise purchase of imported rice until year end

Despite assurances from the agriculture ministry, the state government will cover the rice subsidy for another two to three months

5:00 PM MYT

 

SHAH ALAM – The Selangor government will subsidise the purchase of imported rice through Padiberas Nasional Bhd (Bernas) until the end of this year to ensure a stable supply of the staple food in the state.

State Infrastructure and Agriculture Committee chairman Izham Hashim said the imported rice was bought at a price of RM17 per five kg, and resold to the people at a price of RM13 per five kg under the Jualan Ehsan Rakyat (JER) programme.

“Recently we had a discussion with Bernas, they brought in the imported rice but we are selling it according to the price of local white rice (BPT), which means we are subsidising. We buy for RM17 per five kg but we sell for RM13 which is the ceiling price for BPT,” he said.

“We are repacking this imported rice to be sold under the JER programme at four branches of the Selangor Agricultural Development Corporation (PKPS) and other mobile sales since last week,” he told the media after the 2024 Agricultural Census Retreat Session with Selangor-level agencies, today.

He said that although the Ministry of Agriculture and Food Security (KPKM) expects the supply of the staple food to be stable within the next two to three weeks, the state government is prepared to cover the purchase subsidy for another two to three months to ensure the supply is really sufficient. – September 27, 2023

Topics

 

Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Influencer who recited Quran at Batu Caves accused of sexual misconduct in Netherlands

Abdellatif Ouisa has targeted recently converted, underage Muslim women, alleges Dutch publication

FashionValet a loss-making entity before and after Khazanah, PNB’s RM47 mil investment

GLICs bought stakes in 2018, company records show total RM103.3 million losses after tax from 2017 to 2022

Related