Varnam Malaysia
  • Home
  • News
  • Celebrity
  • Reviews
  • Features
  • Music
  • Trailers
  • Culture
No Result
View All Result
Varnam Malaysia
  • Home
  • News
  • Celebrity
  • Reviews
  • Features
  • Music
  • Trailers
  • Culture
No Result
View All Result
Varnam Malaysia
No Result
View All Result
Home News

Strengthening the Indian Community’s Economy through the Government’s Strategic Efforts

by Tivyasruthi Nair Prem Ananth
January 18, 2025
13
SHARES
Share on FacebookShare on TwitterSend

The MADANI Government is firmly dedicated to fostering the growth and empowerment of entrepreneurship within the Indian community. Recognizing the vital role of economic participation in driving societal progress, the government remains steadfast in its efforts to create opportunities, enhance support systems, and promote sustainable business ventures. This commitment underscores its broader vision of inclusive development, ensuring that all communities thrive in a dynamic and resilient economy.

The allocation of RM100 million, the largest ever in the history of the Indian Community Entrepreneur Financing Scheme (TEKUN – SPUMI) since its inception in 2007, represents a strategic initiative aimed at empowering Indian entrepreneurs to grow and advance their businesses.

As always, I will closely oversee the disbursement of these funds to ensure an efficient and effective delivery system. My office team will collaborate closely with the leadership of TEKUN Nasional to ensure a seamless and successful implementation process.

SPUMI has an impressive track record, having supported 26,804 Indian entrepreneurs with a total of RM500 million in financing since its inception in 2007. In 2024, a total of RM58.9 million was allocated to support 2,408 Indian entrepreneurs through SPUMI. Additionally, SPUMI Goes Big, launched in April 2024, provided RM12.6 million in funding to 287 entrepreneurs.

With steadfast support from Prime Minister Datuk Seri Anwar Ibrahim and Minister Datuk Ewon Benedick, the MADANI Government remains committed to introducing and implementing new initiatives aimed at benefiting the Indian community. These initiatives are designed to create meaningful opportunities, enhance economic empowerment, and foster long-term growth within the community. Through continued collaboration and strategic efforts, the government strives to ensure that the Indian community has access to the resources and support needed for a prosperous future.

Follow us on Instagram, Facebook or Telegram for more updates and breaking news. 

Related:  MADANI Government Assures Full Use of RM30 Million Allocation for Tamil Schools
Filed Under governmentIndian CommunityIndiansmadaniRamanan
https://lomp.at/vos49
Share5Tweet3Send

YOU MIGHT ALSO LIKE

News

JPJ and PDRM Align Traffic Summons System — 50% Discount for Early Payments

by Kavitha
October 23, 2025

The Road Transport Department (JPJ) and Royal Malaysian Police (PDRM) will synchronise the rates and methods for traffic compound payments...

Read more
News

MCMC Proposes Two-SIM Limit to Curb Online Scams

The Malaysian Communications and Multimedia Commission (MCMC) is proposing a new regulation to limit the number of prepaid SIM cards...

Read more
by Kavitha
October 23, 2025
Image Source: The Edge Malaysia
News

More Cameras, More Counsellors: MOE Unveils Major School Safety Upgrade

The Ministry of Education (MOE) has announced an additional RM5 million allocation for the installation of CCTV cameras at selected...

Read more
by Shivashangkari Chandran
October 22, 2025
Image Source: Sky News
News

MOE Backs Smartphones Ban for Under-16s in Wake of School Tragedy

The Education Ministry (MOE) has announced that it will soon issue comprehensive guidelines on a proposed bam against the use...

Read more
by Shivashangkari Chandran
October 18, 2025
Image Source: NST
News

6 Highways, 25 Major Roads Will Be Gradually Closed Starting 26 October

Several major roads and highways in the capital will be closed gradually from 26 to 28 October in conjunction with...

Read more
by Kavitha
October 16, 2025
Image Source: Inti University
News

Online and Hybrid Classes Allowed for Students and Lecturers Celebrating Deepavali

In the spirit of fostering inclusivity and cultural harmony, the Higher Education Ministry has announced that public higher education institutions...

Read more
by Shivashangkari Chandran
October 14, 2025
News

Traffic Diversions are expected as MotoGP and Asean Summit collide on October 26

The Royal Malaysia Police (PDRM) has announced that it will implement several traffic diversions due to the Malaysian Grand Prix...

Read more
by Kavitha
October 14, 2025
Image Source: BERNAMA
News

Deepavali 2025: Police to Strengthen Safety in Crowded Areas

In conjunction with the Deepavali celebration on October 20, the police will strengthen security at public places where large crowds...

Read more
by Kavitha
October 12, 2025
Image Source: Astro Awani
News

OPS Lancar: PDRM Expects Surge of 2.1 Million Vehicles During Deepavali Week

The Royal Malaysia Police (PDRM) expects around 2.1 million vehicles to be on the roads nationwide starting 18 October, in...

Read more
by Kavitha
October 10, 2025
Image Source: Rapid KL Facebook
News

Rapid KL Deploys 82 Special Buses for MotoGP 2025

Rapid KL has announced that it will provide 82 special buses to transport fans attending the MotoGP World Championship at...

Read more
by Kavitha
October 9, 2025
Load More

TRENDING

  1. 1

    Light Up Your Deepavali At The Exchange TRX’s Art Of Radiance Celebration

  2. 2

    Pearly-Thinaah Set for High-Stakes Revenge Clash at French Open 2025

  3. 3

    The Origins Of The Indian Oil Bath Tradition On Deepavali Morning

  4. 4

    Penang CM Announces New Land Allocation for Rajaji Tamil School

  5. 5

    Deepavali 2025 Ads That Warm the Heart and Remind Us What the Festival Truly Means

  • Advertise With Us
  • Jobs
  • Contact Us
  • Privacy Policy

© 2025 Vijandren Ramadass. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Celebrity
  • Reviews
  • Features
  • Music
  • Trailers
  • Culture

© 2025 Vijandren Ramadass. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Celebrity
  • Reviews
  • Features
  • Music
  • Trailers
  • Culture

© 2025 Vijandren Ramadass. All Rights Reserved.