MORE than $3 billion has been allocated by the government to support rice farmers, with direct cash grants and a broader strategy aimed at strengthening the industry amid ongoing global economic pressures.
The announcement was made by President Dr Irfaan Ali on Thursday, during a consultation with farmers at the Arthur Chung Conference Centre (ACCC). As part of the immediate relief, farmers cultivating fewer than 50 acres will receive $15,000 per acre, while those with more than 50 acres will be granted $10,000 per acre.
