Agriculture and Food Security Minister Mohamad Sabu (Harapan-Kota Raja) has announced that government has agreed to adjust the floor price for paddy purchases from RM1,300 to RM1,500 per tonne effectively by this Sunday (Feb 16).
He said this during his briefing in the Dewan Rakyat today on concerns regarding the country’s paddy industry.
He also announced that the government will maintain the price of local white rice at RM2.60 per kilogramme, with the government absorbing part of the production costs for local white rice over the next six months.
Video source:
https://www.youtube.com/live/zdx4snciKyk