The Malaysian government increases key agricultural incentives to support farmers and ensure food security amid rising global energy costs.
PUTRAJAYA: The Ministry of Agriculture and Food Security (KPKM) will work closely with all ministries and related agencies to ensure that initiatives for padi farmers, agricultural farmers and smallholders are implemented smoothly and achieve their intended objectives.
KPKM said in a statement today that all measures announced by the government yesterday will have a positive impact on the productivity of the agri-food sector and strengthen national food security in both the short and long term.
“These improvement measures are highly significant and timely in addressing the challenges of the prolonged global energy crisis following the conflict in West Asia, which has exerted considerable pressure on food production costs and the country’s supply chain.
“KPKM welcomes the MADANI Government’s approach, which prioritises food supply security and the well-being of the people,” it said.
Economy Minister Akmal Nasrullah Mohd Nasir, during a briefing on the global energy crisis yesterday, announced that the government had agreed to increase the Incentive for Ploughing for Padi Farmers (IPKP), BUDI Agri-Commodity and BUDI Diesel Individual for eligible Malaysians as an immediate measure to manage the global energy crisis, while protecting and safeguarding the livelihoods of those working hard as padi farmers.
The IPKP has been increased from RM160 to RM300 per hectare for the 2026 planting season, which will help nearly 200,000 padi farmers reduce their operational cost burden.
In addition, KPKM also welcomed the increase in cash assistance under the BUDI Agri-Commodity and BUDI Diesel Individual initiatives from RM300 to RM400 per month for April 2026.
“This initiative is expected to greatly benefit more than 200,000 farmers and smallholders, as well as approximately 150,000 individual diesel vehicle owners in Peninsular Malaysia,” said KPKM.
