KUALA LUMPUR: As of July 14 this year, 88,183 companies involving 249,091 public and commercial vehicles were approved to receive diesel subsidies under the Subsidised Diesel Control System 2.0, the Dewan Rakyat was told.

According to the Domestic Trade and Cost of Living Ministry, in a written reply dated July 16, the subsidy was available to 33 transportation modes after 14 new commercial transport vehicles were added to the list.

The ministry was responding to Datuk Siti Amina Aching (PN-Beaufort), who asked about the latest number of companies and vehicles registered under Subsidised Diesel Control System 2.0.

“Through this programme, the government bears the cost of diesel subsidy, which is given to qualified vehicles, and the government expects savings of up to RM4bil a year,” said the ministry.

Beginning June 10, diesel prices were floated and retailed at RM3.35 per litre in the peninsula.

Subsidies are continued for traders using diesel-powered commercial vehicles and for public transportation.

Eligible transport companies can apply for the targeted subsidies through http://mysubsidi.kpdn.gov.my.

Eligible groups such as farmers, smallholders and private diesel vehicle owners could also apply for a RM200 monthly cash subsidy under the Budi Madani initiative.

https://www.thestar.com.my/news/nation/2024/07/17/govt-approves-diesel-subsidies-for-over-88000-companies-and-249000-vehicles