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:  Raaj Ganesh: The Actor, Entrepreneur, and Unsung Community Hero
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: SAYS
News

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

by Shivashangkari Chandran
July 31, 2025

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

Read more
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
Image Source: The Malaysian Reserve
News

FINAS Backs Malaysian Talents Making Waves on the Global Film Stage

Malaysia’s creative industry is making a bold step onto the international stage and the National Film Development Corporation of Malaysia...

Read more
by Shivashangkari Chandran
July 22, 2025
Image source: Focus Malaysia
News

Domestic Violence Remains a Concern in Malaysia: Over 2,400 Cases Reported in First Four Months of 2025

Between January and April this year, Malaysia recorded 2,467 cases of domestic violence, shedding light on a persistent and troubling...

Read more
by Tivyasruthi Nair Prem Ananth
July 16, 2025
Image source: Prime Minister YAB Dato' Seri Anwar Ibrahim Facebook
News

Malaysia and Sri Lanka Strengthen Bilateral Ties During 58th ASEAN Foreign Ministers’ Meeting

Malaysia and Sri Lanka have agreed to deepen their bilateral collaboration in key sectors such as trade, tourism, education, and...

Read more
by Tivyasruthi Nair Prem Ananth
July 10, 2025
Image source: Malay Mail
News

Police Search for Temple Priest Over Alleged Molestation of Woman at Bandar Baru Salak Tinggi Temple

Police are currently seeking a temple priest accused of sexually assaulting a 27-year-old woman at a Hindu temple in Bandar...

Read more
by Tivyasruthi Nair Prem Ananth
July 9, 2025
Image source: Malay Mail
News

Cyberjaya Student’s Murder: Male Suspect to Be Charged Under Section 302

A male suspect linked to the murder of university student Maniishapriet Kaur Akhara in Cyberjaya is expected to face charges...

Read more
by Tivyasruthi Nair Prem Ananth
July 8, 2025
Image source: Narendra Modi X
News

YAB Dato’ Seri Anwar and Narendra Modi Hold Talks on Strengthening Malaysia–India Ties at BRICS Summit

In a significant step towards strengthening bilateral ties, Malaysian Prime Minister Yang Amat Berhormat Dato' Seri Anwar Ibrahim met with...

Read more
by Tivyasruthi Nair Prem Ananth
July 7, 2025
Load More

TRENDING

  1. 1

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

  2. 2

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

  3. 3

    Dr. Kamalan Jeevaratnam: Pioneering Cross-Disciplinary Advances in Cardiology and Global Research Collaboration

  4. 4

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

  5. 5

    What Are The Hidden Truths Behind The AADI Month Beliefs?

  • 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.