Padu system for all: Targeted subsidies are slated to begin in January next year, says the government. — RAJA FAISAL HISHAN/The StarKUALA LUMPUR: An individual’s net disposable income will be one of the three ways that the targeted subsidies for petrol and diesel will be based, says Economy Minister Rafizi Ramli.
The third would be a combination of household and individual earnings, which would be implemented through a subsidy card, he told the Dewan Rakyat yesterday in response to a question by Khoo Poay Tiong about the type of targeted subsidies. “Besides the form and mechanism of targeted subsidies, the Cabinet will decide on their implementation and follow-up plans,” he said.
In addition, he said engagements would be held after a Cabinet decision and in accordance with the implementation timeline to balance out speculative inflation.
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