KUALA LUMPUR: The four additional intervention measures implemented by the government to address the issue of rice supply in the country are believed to be able to re-stabilise the supply of the staple food.
Emir Research president and chief executive officer Datuk Dr Rais Hussin Mohamed Ariff described it as a strategic move that is much needed to ensure sufficient rice supply to meet domestic demand.
Earlier, Agriculture and Food Security Minister Datuk Seri Mohamad Sabu, in a special press conference, said four additional intervention measures were implemented to deal with the issue of rice supply in the country, including instructing the Federal Agricultural Marketing Authority to increase the distribution of local white rice to rural areas including at retail outlets.
"This means that Fama will be ready to help ease the burden of costs and responsibilities of the private sector in terms of warehousing and transport when needed, for example when there is a surplus of supply... This can be implemented in contracts and agreements between Fama and the private sector," he said.
"This new agency can also establish strategic collaboration with the private sector to store excess stock as short-term, medium-term and long-term storage,” he said. Meanwhile, the director of the Institute of Tropical Agriculture and Food Security , Universiti Putra Malaysia secretary-general Datuk Paul Selva Raj said that giving wholesale prices or subsidies to suppliers is the right move, but there must be monitoring to ensure no increase in the selling price to consumers.
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