KUALA LUMPUR, Oct 9 — The government is allocating RM2.62 billion in aid to paddy farmers under Budget 2027, covering various subsidies and incentives to increase rice production and safeguard their welfare.
Prime Minister Datuk Seri Anwar Ibrahim said the assistance would enable paddy farmers to receive benefits of about RM4,300 per hectare of paddy field, including subsidies for seeds, fertiliser, pesticides, ploughing costs and paddy prices.
He said the government had agreed to increase the paddy harvesting incentive from RM50 to RM100 per hectare per season, while the ploughing incentive, which had been increased to RM300, would be maintained and extended to paddy farmers in Sabah and Sarawak.
