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

Government Allocates RM300 Million to Empower Indian Entrepreneurs and Boost Economic Growth

by Tivyasruthi Nair Prem Ananth
March 3, 2025
Image source: YB Dato' Seri Ramanan Facebook

Image source: YB Dato' Seri Ramanan Facebook

71
SHARES
Share on FacebookShare on TwitterSend

The federal government continues to prioritize the economic empowerment of Indian entrepreneurs, with Deputy Minister of Entrepreneur Development and Cooperatives, YB Dato’ Seri R. Ramanan, announcing an allocation of RM300 million for this initiative as of February this year.

He stated that the allocation includes RM100 million for the Malaysian Indian Transformation Unit (MITRA), RM100 million for the Indian Community Entrepreneur Development Scheme (SPUMI) under TEKUN Nasional, and another RM100 million for the Bank Rakyat Indian Entrepreneur Financing-i (BRIEF-i).

Image source: YB Dato’ Seri Ramanan Facebook

“In just two months, we have distributed RM300 million, and the government is actively developing new initiatives to further enhance the socio-economic well-being of the Indian community.”

“I have also engaged in discussions with various agencies under the ministry to support this effort,” he said in a statement yesterday. The statement was released following the Vanakam MADANI engagement session, organized by TEKUN Nasional on Friday, to connect with Penang’s Indian entrepreneurial community.

Dato’ Seri Ramanan also emphasized that this initiative demonstrates the commitment and dedication of the MADANI Government, led by Prime Minister Datuk Seri Anwar Ibrahim, to strengthening the entrepreneurial sector, which has long played a vital role in the nation’s development.

Image source: YB Dato’ Seri Ramanan Facebook

“I encourage all participants attending the SPUMI & SPUMI Goes Big briefing session to take full advantage of this opportunity to enhance their businesses. Additionally, I urge them to act as ambassadors by sharing this information with fellow entrepreneurs, ensuring that more individuals can benefit from this valuable initiative,” he said.

He stressed that the ministry remains committed to economic empowerment initiatives, particularly for the Indian community, as financial stability is crucial in shaping their future and prospects in the country.

Related:  Nine Special Initiatives Reflect MADANI Government’s Commitment to Indian Economic Upliftment
Image source: YB Dato’ Seri Ramanan Facebook

These initiatives underscore the government’s unwavering commitment to fostering economic growth and empowerment within the Indian entrepreneurial community. By providing substantial financial support and introducing new development programs, the MADANI Government aims to create a more inclusive and prosperous economic landscape. With continued collaboration between the ministry, relevant agencies, and the entrepreneurs themselves, these efforts are set to drive long-term success, ensuring sustainable growth and a brighter future for the Indian business community in Malaysia.

Source: Bernama

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

Filed Under indianIndian EntrepreneursMITRASPUMITekun NasionalVanakam MadaniYB Dato' Seri Ramanan
https://lomp.at/gjurz
Share28Tweet18Send

YOU MIGHT ALSO LIKE

Image Source: NST
News

Communications Ministry Plans Music Industry Development Act

by Shivashangkari Chandran
August 21, 2025

The Ministry of Communications has embarked on a comprehensive Music Industry Development Study to address the challenges, gaps, and opportunities...

Read more
Image source: AP News
News

National Day Parade: Major Road Closures in Putrajaya from Aug 26–31

Police have announced that several roads in Putrajaya will be temporarily closed later this month in conjunction with the upcoming...

Read more
by Tivyasruthi Nair Prem Ananth
August 20, 2025
Image source: YB Dato' Seri Ramanan Facebook
News

MITRA Stands by Refurbished Laptop Distribution for Tamil Schools as Smart Use of Funds

During the Prime Minister’s Question Time (PMQT) at the Dewan Rakyat, YAB Dato' Seri Anwar Ibrahim announced new initiatives worth...

Read more
by Tivyasruthi Nair Prem Ananth
August 20, 2025
Image source: Malay Mail
News

Temporary Road Closures in Petaling Jaya This Weekend for PJ Half Marathon 2025

Petaling Jaya will experience several temporary road closures this weekend as the PJ Half Marathon 2025 takes place across the...

Read more
by Tivyasruthi Nair Prem Ananth
August 15, 2025
Image Source: NST
News

Govt Allocates RM8.4 MIllion for Jalur Gemilang Badges for Over 5 Million Students

The government has set aside RM8.4 million to provide Jalur Gemilang badges to 5.14 million students in schools, Matriculation Colleges,...

Read more
by Shivashangkari Chandran
August 12, 2025
Image Source: teonieching instagram
News

Communication Ministry Offers Long-Term Welfare Aid for Artistes in Need

The Communications Ministry has reaffirmed its commitment to supporting Malaysian artistes facing long-term health and financial challenges, especially those suffering...

Read more
by Shivashangkari Chandran
August 5, 2025
Image Source: SAYS
News

Govt to Establish Autism Education Centres in Every State, Expand Special Needs Facilities Nationwide

In a significant move towards inclusive education and disability support, the government has announced plans to build dedicated education centres...

Read more
by Shivashangkari Chandran
July 31, 2025
Image source: NST
News

Chronology of Tishant’s Tragic Case: How a Missing Person Case Became a Murder Probe

A six-year-old boy named Tishant was reported missing in the Taman Bukit Indah area early on the morning of July...

Read more
by Tivyasruthi Nair Prem Ananth
July 30, 2025
Image Source: Paul Tan's Automotive News
News

Signaling System Upgrade to Affect Weekend Operations on Kelana Jaya Line

Commuters on the Kelana Jaya LRT line can expect late station openings on selected weekends starting 9th August, as Prasarana...

Read more
by Shivashangkari Chandran
July 29, 2025
News

MoE to Enforce Online Learning if API Exceeds 200 to Protect Student Health

The Ministry of Education (MoE) will implement Home-Based Teaching and Learning (PdPR) if the Air Pollutant Index (API) exceeds 200,...

Read more
by Tivyasruthi Nair Prem Ananth
July 23, 2025
Load More

TRENDING

  1. 1

    The Four Malaysian Indians Who Made Forbes Malaysia’s 50 Richest 2020

  2. 2

    Astro Premieres ‘Aadhira’ on 14 July: A New Drama about Strength and Courage

  3. 3

    Ananda Krishnan & G.Gnanalingam Entered Into Forbes’ 2023 World’s Billionaires List

  4. 4

    Renowned Educator Datuk Anthony Reynolds Peter’s Take On Government’s Special Education Channel; DidikTV

  5. 5

    Coolie: A Power-Packed Entertainer Blending Superstar Rajinikanth’s Swag with Lokesh’s Fresh Vision

  • Advertising
  • 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.