What's Happening?
The Ministry of Agriculture and Food Security has announced an increase in the Ploughing Incentive for Padi Farmers from RM100 to RM160 per hectare, effective this year. This incentive aims to support padi farmers by providing additional financial assistance during the ploughing season. The implementation will occur in stages, with two main disbursement methods: an additional cash payment of RM60 per hectare for farmers who have completed ploughing and submitted claims for the first planting season of 2025, and a payment of RM160 per hectare through the existing Padi Production Incentive Scheme for the second planting season. The ministry is finalizing the list of eligible recipients based on claims submitted by machinery owners and service providers. Additionally, a new Padi Harvesting Incentive at RM50 per hectare will be introduced, payable upon completion of harvesting work.
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Why It's Important?
The increase in the Ploughing Incentive is significant for padi farmers as it provides them with greater financial support, potentially enhancing agricultural productivity and efficiency. This move is expected to alleviate some of the financial burdens faced by farmers, allowing them to invest more in their farming operations. The introduction of the Padi Harvesting Incentive further supports farmers by incentivizing efficient harvesting practices. These measures could lead to increased padi production, contributing to food security and economic stability in the agricultural sector. The timely disbursement of these incentives is crucial to ensure farmers can plan and execute their farming activities effectively.
What's Next?
The Ministry of Agriculture and Food Security is working to expedite the disbursement of incentives to padi farmers. Efforts are underway to finalize the list of eligible recipients and ensure that payments are made promptly. The registration of combine harvesters is ongoing to facilitate the payment of the Padi Harvesting Incentive. As these initiatives are implemented, the ministry will likely monitor their impact on padi production and make adjustments as necessary to optimize the support provided to farmers.
