KUALA LUMPUR, June 21 — Putrajaya’s decision to make government-linked companies in charge of the food supply chain risks creating a monopoly that could hamper efforts to modernise the agriculture sector and tackle food insecurity, an expert warned today.
Fatima cited the case of Lembaga Padi Beras Negara, saying it is plagued with governance issues and irregularities. Fatima has called on Putrajaya to encourage cooperatives to be involved in supply chain activities instead, citing the success seen in Taiwan and Korea. Analysts have said that the backlash over inflation could also threaten to upend the ruling Barisan Nasional coalition’s resurgence, and affect Ismail’s approval rating.
Fatimah lauded the government’s push to domesticise food production again, but said the long-term negative effects of a flexible ceiling price would outweigh the short-term benefits. The expert said the policy would also benefit rich consumers.
How foolish is this move..?
Whats wrong with middlemen on a platform?
Would make the rakyat political pawns and hostages too ....
💰💰💰
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