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Is There A New Fuel Subsidy Scheme For Those Earning Below RM5,000?

Sin Chew Daily has reported that the government is considering a new fuel subsidy scheme for people who earn RM5,000 and below.

Cover image via imgur.com

On 3 June 2014, The Sin Chew Daily Reported That The Government Has A New Fuel Subsidy Scheme Set To Be Launched In September

Image via imgur.com

A Sin Chew Daily exclusive has revealed some details on the new system for the sale of subsidised diesel and petrol to eligible motorists that’s set to begin in September for commercial vehicles and October or November for private vehicles.

paultan.org

Those Who Earn Below RM5,000 And Whose Vehicles Have An Engine Capacity Of Less Than Two Litres Would Be Eligible For Subsidised Petrol

Citing Domestic Trade and Consumer Affairs ministry (KPDNKK) sources, the report indicates that under the new system, motorists with a monthly income of RM5,000 and below – and having cars with engines displacing under 2.0 litres – will qualify for the full fuel subsidy allowance.

paultan.org

Those earning between RM5,000 to RM10,000 a month will reportedly be getting subsided fuel as well, but may be limited to 300 litres of RON95 petrol and diesel.

malaysiakini.com

Foreigners, foreign-registered vehicles, and those earning above RM10,000 may not be eligible at all, and may have to buy petrol at market prices, the report stated.

malaysiakini.com

A Source Told The Newspaper That The Government Is Also Considering To Include One's Eligibility For Subsidised Fuel In Their MyKads

Meanwhile, the anonymous source reportedly told Sin Chew that the government is also studying whether to upgrade the MyKad to facilitate the distribution of the subsided fuel. The alternative being studied is for relevant ministries such as the Transport Ministry and Finance Ministry to issue a special card for eligible vehicle owners.

malaysiakini.com

Motorists will likely have to register with JPJ and provide relevant details, such as personal or corporate tax information, to collect this fuel card. According to the source, the card will contain information such as the bearer’s name, address and monthly fuel quota. It will need to be swiped at petrol stations before filling up.

paultan.org

If a motorist has exceeded his/her fuel allowance for the month, he/she will have to purchase the (additional) fuel at market price, the source said, adding that the cards will also help the government trace motorists’ fuel spending.

paultan.org

Bernama Had Earlier Reported That The Government Will Be Introducing A New System For Distributing Subsidised Fuel Starting 1 September

Bernama earlier reported that the government will introduce a new system for distributing subsidised fuel beginning Sept 1 to ensure the sale of subsidised diesel and petrol is only to eligible commercial vehicles.

malaysiakini.com

This Fuel Subsidy Scheme Has Raised The Concerns And Reservations Of MCA Deputy President Dr Wee Ka Siong

This Fuel Subsidy Scheme Has Raised The Concerns And Reservations Of MCA Deputy President Dr Wee Ka Siong

Image via mca.org.my

Dr Wee Ka Siong, MCA Deputy President: "The proposed system to me is not realistic because it only causes more issues to the people and a new policy should be formulated to help the rakyat. By merely simplifying its procedure, the proposed system does not seem to be helping the people at all."

themalaymailonline.com

"If the Road Transport Department or the Finance Ministry will issue a special card for the qualified motorists to enjoy subsidised fuel as reported in the news report, how will the Government ensure that the card will not be loaned to other people? The Government must address such leakages."

themalaymailonline.com

"The proposed system will also increase the burden of the middle income group since they will not benefited from the system and their financial burden will increase because of inflation and non-subsidised fuel. I suggest that the Government should first get feedback from the people and review the proposed system before it becomes a liability to the Government."

themalaymailonline.com

PKR Lawmaker Rafizi Ramli Has Also Urged The Government To Give People Time To Give Their Feedback Before Implementing The System

PKR Lawmaker Rafizi Ramli has also urged the government to give people time to give their feedback before implementing the system

Image via mole.my

A PKR lawmaker has called on Putrajaya to present its proposal on a new petrol subsidy system in Parliament before implementing it, saying the people should be given at least one year to give their feedback and to adjust.

yahoo.com

"Revising the petrol and diesel subsidy system is a big decision that will deeply impact the people. At a time where the price of goods keep increasing while salaries are stagnant, any drastic change to petrol and diesel prices will have multiple effects on prices of things."

yahoo.com

"I have warned Barisan Nasional many times that any decision that involves the welfare of the people has to be discussed and a general consensus be taken so that it does not go against the people's wishes," he said in a statement today."

yahoo.com

However, Domestic Trade, Cooperatives And Consumerism Ministry Datuk Seri Alias Ahmad Has Brushed Of Sin Chew Daily's Report As Mere Speculation

However, Domestic Trade, Cooperatives And Consumerism Ministry Datuk Seri Alias Ahmad Has Brushed Of Sin Chew Daily's Report As Mere Speculation

Image via themalaysiantimes.com.my

The Domestic Trade, Cooperatives and Consumerism Ministry today dismissed a front page report by Sin Chew Daily on a subsidy scheme for those who own vehicles with an engine capacity of less than two litres, and earn below RM5,000 a month.

therakyatpost.com

The ministry’s secretary-general, Datuk Seri Alias Ahmad rubbished the entire report as “mere speculation and nothing more”. “No, it is not true..the report is not true and we have already warned Sin Chew,” Alias said.

therakyatpost.com

The Price Of RON 97 Petrol Was Last Increased by 10 Cents On 14 Nov 2013

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