BERNAMA – SUBSIDY FOR PACKET COOKING OIL TO BE EXPANDED TO MICRO TRADERS NEXT YEAR


KUALA LUMPUR, Nov 27 (Bernama) — The subsidy programme for packet cooking oil subsequent yr is not going to solely contain households, however may even embrace distribution to micro merchants, the Dewan Rakyat was instructed right now.

Deputy Home Commerce and Value of Residing Minister, Fuziah Salleh, stated that at present, the subsidy system for important items is a bulk subsidy, which is applied underneath the Cooking Oil Worth Stabilisation Scheme System (eCOSS), and it stops on the retailer stage.

She stated that the majority subsidy system was inherited from the earlier administration, and the Unity Authorities will enhance the system by increasing it to the buyer stage to stop leakage.

“The ministry sees that those that ought to obtain this subsidy are the B40 group and a number of the M40 group, as a result of the M40 additionally want it, and it’s estimated that 5.8 million households will likely be eligible to obtain this subsidy as soon as the federal government implements it.

“Beforehand after we (applied) bulk subsidies, we additionally didn’t goal them to achieve micro merchants. So, sooner or later, the ministry will goal micro merchants, as a result of additionally they want this cooking oil subsidy,” she stated, throughout the query and reply session within the Dewan Rakyat, right now.

Fuziah was replying to a supplementary query from Datuk Seri Johari Abdul Ghani (BN-Titiwangsa), about whether or not the federal government will proceed the cooking oil bulk subsidy methodology, and whether or not the federal government is ready to make use of the money switch methodology to customers, to keep away from leakage of subsidy distribution of the important items.

She stated that the proposed money switch to customers for the acquisition of packet cooking oil could also be the very best answer, however the implementation mechanism requires additional analysis.

Beforehand, she stated that the availability of bulk cooking oil subsidies made it tough for the KPDN to regulate foreigners shopping for the necessities, and there have been no laws prohibiting that group from shopping for packet cooking oil.

Subsequently, she stated that the brand new coverage of focused subsidies, based mostly on the federal government’s Central Database System (PADU), involving distribution to the B40 group, a part of the M40 and micro-traders, can assure a ample provide quota of 60,000 metric tons of packaged cooking oil monthly.

— BERNAMA



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