ID :
220530
Sat, 12/24/2011 - 12:12
Auther :
Shortlink :
https://www.oananews.org//node/220530
The shortlink copeid
Risda To Receive US$105 Mln Allocation Next Year
PUTRAJAYA, Dec 24 (Bernama) -- The Rubber Industry Smallholders Development
Authority (Risda) will be receiving a RM327 million (US$105.48
million)allocation next year to carry out development programmes, including
replanting of 40,000 hectares of rubber land throughout the country, said its
director-general Wan Mohamad Zuki Mohamad.
He said the money would also be used to assist farmers to buy fertiliser and
seeds.
He said he hoped the assistance would help rubber smallholders increase
yield per hectare from 1,153 kilogrammes annually to 1,600 kilogrammes,
He said this to reporters after oepning a Risda canoeing event here
Saturday.
He added that if the 1,600kg yield target was achieved, rubber smallholders
would be able to earn monthly incomes of at least RM2,500 (US$806)) by 2015 and
RM4,000 (US$1,290) by 2020.
-- BERNAMA