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HomeMalaysia NewsGovernment's Madani Rice Initiative Aims to Combat Cartel Influence, Says Anwar 

Government’s Madani Rice Initiative Aims to Combat Cartel Influence, Says Anwar 

Prime Minister Datuk Seri Anwar Ibrahim has reiterated that the government’s Madani rice proposal primarily aims to eradicate manipulation by cartels, rather than bolstering their influence, in response to concerns within the rice production industry.

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Addressing Cartel Concerns

During a press conference following the launch of the MyImpact SME Hub by Maybank at Menara Maybank, PM Anwar clarified the government’s stance on the Madani rice proposal. He emphasized the objective of streamlining all varieties of locally-produced white rice into a single type, to be sold at a maximum price of RM30 per 10kg. This strategic move is intended to mitigate cartel intervention and ensure equitable pricing across the industry.

Naccol Discussion and Government’s Commitment

Additionally, PM Anwar indicated that discussions about the Madani rice proposal would take place during the next meeting of the National Action Council on Cost of Living (Naccol). This highlights the government’s commitment to thoroughly evaluating the potential implications of the initiative before implementation. By engaging in dialogue at the Naccol meeting, policymakers can address concerns and refine the proposal to achieve its intended objectives effectively.

Responding to Criticism

Despite the government’s assurance regarding the Madani rice initiative, critics, including Umno Youth chief Dr. Akmal Saleh, have raised concerns. Dr. Saleh cautioned that the proposed initiative might inadvertently empower existing cartels in the rice industry. He suggested that the introduction of Madani rice, which combines both local and imported grains and is priced higher than existing varieties, could lead to a decline in sales of locally-produced rice.

Cabinet Decision Pending

While Dr. Saleh’s concerns are noted, it’s important to recognize that the Madani rice proposal has not yet received final approval from the Cabinet. This indicates that the government is open to further deliberation and assessment of the initiative’s potential impact. By subjecting the proposal to rigorous scrutiny, the government aims to ensure that it effectively addresses the challenges faced by the rice industry without inadvertently exacerbating existing issues.

Government’s Focus on Fair Pricing and Industry Integrity

In conclusion, the government’s Madani rice initiative reflects its commitment to promoting fair pricing practices and safeguarding the integrity of the rice production and distribution sector. By taking proactive measures to combat cartel influence, the government seeks to create a more transparent and equitable environment for all stakeholders involved in the rice industry.

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