Japan's senior ruling Liberal Democratic Party proposed a cash handout to low-income households and an additional subsidy for those with children to curb rising prices, Kyodo news agency reported citing a senior lawmaker on Wednesday.

The Liberal Democratic Party's policy council chair, Koichi Hagiuda, made proposals to Prime Minister Fumio Kishida for distributing 30,000 yen ($222.72) to low-income households and an additional 50,000 yen per child, Kyodo said.

($1 = 134.7000 yen) (Reporting by Satoshi Sugiyama; Editing by Tom Hogue)