PUTRAJAYA, June 9 — There is no application deadline for the RM200 monthly cash subsidy under the Budi Madani initiative, and those eligible are encouraged to apply promptly, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
He said the initiative aims to target subsidy allocations towards deserving groups and alleviate the burden on those in need.
Starting tomorrow, 30,000 diesel vehicle owners will begin receiving the initial RM200 cash assistance from Budi Madani.
"I want to stress that there is no deadline for this assistance. As such, I urge those eligible, whether for Budi Individual or Budi Agri-Commodities, to apply promptly.
“Individuals can also check and file appeals on the same website," he said during a press conference on the targeted diesel subsidy today.
Amir added that those who apply for Budi Madani in June will start receiving cash assistance from that month onward.
"If they miss applying in June, they will still qualify for cash assistance from the month they apply onwards. Timely applications ensure they receive aid sooner,” he said.
When asked if the RM200 assistance through the Budi Madani initiative is sufficient, Amir cited Department of Statistics (DOSM) data, indicating that it is sufficient to cover individual diesel usage.
"...with RM200, it can cover 80 per cent of usage based on individual data, given that diesel mileage typically ranges between 75 to 100 kilometres per day, which is deemed sufficient.
"If there are any issues or appeals that arise, individuals can take appropriate action, and the authorities will assess them based on their capabilities and the details of the application submitted,” he said.
Under Budi Madani, private diesel vehicle owners, small-scale farmers, and commodity growers receive RM200 monthly cash assistance.
Registration for Budi Madani opened on May 28 following the implementation of the targeted diesel subsidy.
During the press conference, Amir also announced that the price of diesel at all retail stations in the Peninsula is set at RM3.35 per litre, reflecting the market price without subsidy, effective 12.01am on Monday (June 10).
— Bernama