Page 128 - PH Manifesto English
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Commitment 3: Advancing the Interest of FELDA Settlers and
Reducing their debt burden
The eligible FELDA children will be given priority to appointment for
suitable posts in FELDA at all levels and in all its subsidiaries. If new
settlers are accepted into the FELDA schemes, the Pakatan Harapan
Government will allow the participation of low income Malays and
Bumiputera only.
The subsistence allowance for settlers during replanting will be increased up
to a maximum of RM2,000 per month if required. At the same time, to
ensure that settlers are not trapped in debt and unable to fulfil their basic
needs, courses on financial management will be introduced to encourage
them to take only subsistence loans which they can afford to repay.
The Pakatan Harapan Government will ensure payment for settlers’ farm
produce is made in less than 45 days after it is collected, which is faster
than the current practice. Dividends earned from FELDA's investment and
subsidiaries of FELDA will be used to reduce the debt burden that FELDA
residents have to bear, including debt repayment, home-repair debt, home-
buying debt, "yield advance" debt and others.
Our goal is to settle these debts as soon as possible, through appropriate
measures, including 50 percent of disposal of existing debt and introduce a
non-usury loan scheme.
The Pakatan Harapan Government will also give priority to FELDA's second
and third generation who want to buy or rent by building affordable homes
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