Finance Ministry: On June 10, over 30,000 Budi Madani applicants will receive the first cash assistance.

KUALA LUMPUR – As of Thursday (6 June), more than 30,000 farmers and small-scale producers have been approved for cash subsidies under the Budi Madani Initiative.

The Finance Ministry announced that recipients would receive RM200 in cash on June 10, through their respective bank accounts. Those without a bank can still claim the subsidy by bringing MyKad into any Bank Simpanan Nasional branch (BSN) throughout Peninsular Malaysia.

“Eligible applicants may still register for Budi Madani. Applications submitted by June 2024 will be eligible for payment in both June and following months.

The statement read today: “Applications received after June 2024 are only eligible to receive payments beginning in July 2024, and do not include the June payment.”

Budi Madani, the government’s initiative to target subsidy allocations to groups eligible for them. This includes individual assistance (Budi Individu), small-scale farmers (Budi Agri-Komoditi), and companies and transport vehicles.

According to the ministry, the data collected so far shows that most applicants did not qualify for the program because they did not meet eligibility criteria. This includes farmers and small-scale producers who are not registered at the agencies of the ministry.

Therefore, the ministry reminds individual applicants who were not approved to check their application status and submit an appeal on the Budi Madani website at https://budimadani.gov.my.

Before submitting a Budi Madani request, farmers and small-scale producers who are yet to register at the agencies of the relevant ministry should do so.

For more information on Budi Madani eligibility requirements, visit https://budimadani.gov.my or contact the Budi Madani helpline at 1-800-88-2747 / 03-8882 4565 / 03-8882 4566 or email at [email protected] as well as visiting any Inland Revenue Board (LHDN) offices throughout Peninsular Malaysia.

Budi Agri Komoditi is available to 68,000 farmers and 8,000 livestock owners, while Budi Individu benefits a total number of 300.000 individual diesel vehicle drivers in Peninsular Malaysia.

Related Articles