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To date, Mara has financed 351,330 students for tertiary education locally and overseas since the start of the 1st Malaysia Plan until today.
Under its entrepreneur development programme, the agency has given out RM1.8 billion in assistance to more than 20,000 entrepreneurs since 2006.
source: NST
Note: Rancangan Malaysia Pertama (RMK1) was from 1966-1970. In 43 years, 351,330 students meaning on average of 8,170 students per year.
RM1.8 billion per year since 2006, means on average RM450 million per year (inclusive 2009). If 20,000 entrepreneurs as stated above, that works out to be RM90,000 per entrepreneur!
Do note that the similar statistics were provided in March 2008 – RM18 billion, 130,000 entrepreneurs, 4 years. If we divide 18 billion by 130,000 people = Rm138 thousand per entrepreneur.
Of course entrepreneur can refer to a company instead of one person, but very rare.
Now, of course, we can compare with RM430 million allocated to Indian community (that means the whole 2 million of us) over the last 5 years (9th MP) and the community should be grateful and thankful for such big grants. 🙂
I mean “allocating” RM430 million to a community of 2 million trouble makers, hooligans, criminals, jokers, etc. is quite noble and is on par with allocating RM18 billion to 130,ooo people (or RM1.8 billion to 20,000 people).
