Reduce Subsidies In Budget 2024 Say Consumer Groups


 
Malaysia Consumers’ Movement secretary-general Sukhdave Singh wants the government to adopt an autarkic policy aimed at achieving self-sustainability in food production.PETALING JAYA: Consumer groups are calling on the government to use Budget 2024 to launch longer term strategies aimed at tackling the rising costs of living rather than simply making provision for subsidies.
Sukhdave Singh, the secretary-general of the Malaysia Consumers’ Movement, said subsidies cannot replace comprehensive policies, adding that there was need for the government to reassess its social benefit framework.
“The cost of essential goods continues to rise, impacted by global elements. Responding with subsidies is not a long-term solution.
“Subsidy is firefighting, but increasing supply is the real response. (The government must) invest in the agriculture sector while revisiting long-term policies,” he told FMT.
Sukhdave Singh.Sukhdave urged the government to consider adopting an autarkic policy aimed at achieving self-sustainability in food production, reducing the nation’s dependency on imports and lowering the import bill.
He also stressed that the healthcare sector needs special attention, noting that rising medical costs could lead to an increased reliance on public healthcare services, potentially overwhelming the system and causing its collapse.
“Invest in upgrading equipment and replacing older ones. Increase hospital beds to ensure that everyone gets the treatment they deserve, supported with sufficient medical personnel,” said Sukhdave.
Meanwhile, Mohideen Abdul Kader, the president of the Consumers’ Association of Penang, said that the government’s sustained reliance on subsidies may have adverse effects on borrowing and the nation’s overall debt.
He said geopolitical volatility in Southeast Asia was bringing uncertainty to food supply chains, resulting in food price inflation.
Mohideen suggested that food shortages could be mitigated by fostering the local agricultural sector’s growth.
“Malaysia needs foreign investments, and in the meantime, to develop a robust agricultural policy for food crops. Much research on agriculture has been done by local institutions of higher education, and the government needs to galvanise these institutions to contribute to the agricultural sector.
“The government should reduce 60% of imported food and at the same time focus on sustainable farming methods,” he said.
On the other hand, Federation of Malaysian Consumers Associations (Fomca) CEO Saravanan Thambirajah had a favourable view of subsidies, saying that they help alleviate the financial burdens faced by citizens.
“Without subsidies and cash aid, vulnerable consumers would suffer with the high cost of living and low purchasing power.
“The subsidies of energy, petrol, food items such as chicken and eggs, cooking oil, public transportation travel passes, and many more helped to cushion consumers (from their financial burdens),” he told FMT.
Saravanan said he would like to see the continued implementation of targeted subsidies, emphasising the importance of directing them to deserving recipients, such as those in the B40 and M40 income brackets.
He also suggested that the government offer some form of financial education to “empower” consumers to manage their finances effectively. - FMT


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2023/10/reduce-subsidies-in-budget-2024-say.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Ministry Not Pushing For Ptptn Loan Repayment Discount In Budget 2024

Ministry Not Pushing For Ptptn Loan Repayment Discount In Budget 2024

papar berkaitan - pada 4/10/2023 - jumlah : 299 hits
Higher education minister Khaled Nordin said the finance ministry would make the final decision regarding the PTPTN loans PUTRAJAYA The higher education ministry does not plan to seek a continuation of the National Higher Education Fund Cor...
Institute Sees No Tax Cuts For Individuals And Corporates In Budget 2024

Institute Sees No Tax Cuts For Individuals And Corporates In Budget 2024

papar berkaitan - pada 8/10/2023 - jumlah : 168 hits
Anwar speaks at the National Tax Conference 2023 at the Kuala Lumpur Convention Centre on Aug 1 2023 8212 Bernama photo KUALA LUMPUR Chartered Tax Institute of Malaysia does not expect tax cuts for individuals or corporates but more
Hauling Up Employers For Forced Labour Not Enough Say Groups

Hauling Up Employers For Forced Labour Not Enough Say Groups

papar berkaitan - pada 22/9/2023 - jumlah : 208 hits
A group of NGOs and trade unions said the government generally claims that allegations of forced labour in the country are baseless PETALING JAYA Twenty NGOs and trade unions have urged the government to ensure that workers who fall victim ...
New Civil Servant Pensions Budget 2024 Expectations

New Civil Servant Pensions Budget 2024 Expectations

papar berkaitan - pada 29/9/2023 - jumlah : 283 hits
It has come to our attention that the government has yet to finalise and resolve the pension scheme adjustment for the benefit of retired civil servants following the Federal Court decision made on June 27 2023 The Federal Court ruled in fa...
Will 2024 Budget Finally See The End Of Fuel Subsidy

Will 2024 Budget Finally See The End Of Fuel Subsidy

papar berkaitan - pada 25/9/2023 - jumlah : 189 hits
With the tabling of Budget 2024 fast approaching one of the questions plaguing the government will no doubt be whether it should persist with the deeply entrenched fuel subsidy policy While the subsidy does save the rakyat considerable sums...
Selangor Hopes For Funds In Budget 2024 To Rejuvenate Old Towns

Selangor Hopes For Funds In Budget 2024 To Rejuvenate Old Towns

papar berkaitan - pada 21/9/2023 - jumlah : 172 hits
One of the issues faced in old urban areas like PJ Old Town is that the 99 year lease period will expire in a few years says Selangor menteri besar Amirudin Shari SHAH ALAM The Selangor government is requesting an injection of funds from th...
Budget 2024 Should Focus On Helping M40 Economist Tells Govt

Budget 2024 Should Focus On Helping M40 Economist Tells Govt

papar berkaitan - pada 23/9/2023 - jumlah : 139 hits
An economist said the government s 2024 budget must include policies that would allow middle income earners flexible working arrangements PETALING JAYA The government should focus on middle income earners in its 2024 budget as the current i...
Smes Hope For 2 Tax Cut In 2024 Budget

Smes Hope For 2 Tax Cut In 2024 Budget

papar berkaitan - pada 9/10/2023 - jumlah : 277 hits
Small business owners also ask that vocational training be sponsored for B40 applicants to improve the skills of the talent pool GEORGE TOWN Groups representing over 20 000 small and medium enterprises hope the 2024 budget will provide a 2 ...
Special Grant To Sarawak Will Remain At Rm300m In 2024 Budget Says Fadillah

Special Grant To Sarawak Will Remain At Rm300m In 2024 Budget Says Fadillah

papar berkaitan - pada 30/9/2023 - jumlah : 228 hits
Deputy prime minister Fadillah Yusof said the new formula for the calculation of the special grant had yet to be finalised PETALING JAYA The special grant to Sarawak will remain at RM300 million for the 2024 budget says deputy prime ministe...
Kathryn And Sydney S Fantastic Pantyhose Adventure Part One

Orang Tua Sekarang Membunuh Anaknya Secara Halus

Seorang Sahaja Zul Ariffin Tersasul Doa Minta 4 Isteri

The American Society Of Cinematographers Over And Above The Frame Casin

Kenaikan Pangkat One Off Bagi Gred 9 10 11 Sspa

Isu Artis Mangsa Buli Syafiq Yusof Gesa Produksi Main Peranan Perlu Wujudkan Suasana Friendly

15 Creative Diy Fall Garlands To Spruce Up Your Autumn D Cor

Apabila Wanita Tertinggi Dan Paling Pendek Bertemu


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


Silat Gayong

Kaki Pelancong Terpaksa Dipotong Semasa Berkayak

3k 2025 Siap Sedia Sebelum Terlambat

Mahazalim Mahafiraun Mahakaya Why Didnt You Call Him Mahaliwat

What Grade Does Faisal Deserve For Abim S Role On Race Religion

Trump S Victory Shows Power Of Greed And The Ultra Rich