Budi Madani Initiative: 100,000 Applications For Cash Subsidies On Diesel Approved So Far

Budi Madani Initiative: 100,000 Applications For Cash Subsidies On Diesel Approved So Far

Kuala Lumpur, Malaysia: The government has so far approved 100,000 applications for diesel cash subsidies under the Budi Madani initiative, which benefits individual owners of diesel vehicles (Budi Individu) and small and marginal farmers (Budi Agri-Komoditi).

According to Finance Minister II Amir Hamzah Azizan, the goal of targeted diesel subsidies is to provide support to eligible sectors and disadvantaged sections of the population.

“The monthly cash aid of RM200 is aimed at covering additional diesel expenses for over 80 percent of individual diesel vehicle owners,” he said.

“I urge eligible Malaysians to promptly register for the June diesel cash aid payment. The government is committed to disbursing Budi Madani cash aid starting from the month the application is submitted,” he said in a statement on Wednesday.

30,000 applicants received their cash aid on June 10 and another 46,000 on Wednesday, June 20, Amir said. Applicants who submit their applications by the end of June will receive their payments in early July.

“Eligible recipients will receive RM200 monthly through their bank accounts or in cash at Bank Simpanan Nasional counters,” he said.

Budi Madani initiative: Diesel Subsidy Cash Assistance

The Budi Madani initiative was launched on May 28. It serves as a platform to distribute cash assistance in the form of diesel subsidy to individual owners of diesel vehicles under Budi Individu and to small-scale farmers under the Budi Agri-Komoditi category.

About 300,000 individual diesel vehicle owners in Peninsular Malaysia are eligible for the Budi Individu, while almost 400,000 small-scale farmers for the Budi Agri-Komoditi.

Budi Madani Initiative: How To Check Status

Those whose applications were rejected can check their status and appeal on the Budi Madani website.

Small-scale farmers who are not yet registered with the relevant agencies of the relevant ministries are recommended to do so before applying for Budi Madani (if they have not already done so) or lodge their appeal on the Budi Madani website.

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Budi Madani Initiative: How To Check Eligibility Criteria And Other Details

For more information on Budi Madani eligibility criteria, please visit https://budimadani.gov.my or contact the Budi Madani Helpline at 1-800-88-2747/03-8882 4565/ 03-8882 4566 or email budimadani@treasury.gov.my.

More information can also be obtained from all Inland Revenue Board offices throughout Peninsular Malaysia.

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