{"id":317,"date":"2007-06-18T16:45:03","date_gmt":"2007-06-18T08:45:03","guid":{"rendered":"http:\/\/poobalan.com\/blog\/borninmalaysia\/2007\/06\/18\/no-plan-for-special-investment-fund-for-indians\/"},"modified":"2007-06-18T16:45:03","modified_gmt":"2007-06-18T08:45:03","slug":"no-plan-for-special-investment-fund-for-indians","status":"publish","type":"post","link":"https:\/\/poobalan.com\/blog\/borninmalaysia\/2007\/06\/18\/no-plan-for-special-investment-fund-for-indians\/","title":{"rendered":"No plan for special investment fund for Indians"},"content":{"rendered":"<div>how did we reach the 3% target figure? It should be 8% at least.<\/div>\n<div>&nbsp;<\/div>\n<div>&nbsp;<\/div>\n<div>No plan for special investment fund for Indians<\/div>\n<div>&nbsp;<\/div>\n<div>BERNAMA<\/div>\n<div><a href=\"http:\/\/www.nst.com.my\/Current_News\/NST\/Monday\/NewsBreak\/20070618154607\/Article\/index_html\">SOURCE<\/a><\/div>\n<div>KUALA LUMPUR, MON:<br \/>&nbsp;<\/div>\n<p>THE government has no plan to set up a special investment fund to uplift the economic position of the Indian community, the Dewan Rakyat was told today. <\/p>\n<table cellspacing=\"3\" cellpadding=\"0\" width=\"200\" align=\"right\">\n<tbody><\/tbody>\n<\/table>\n<p>Deputy Minister in the Prime Minister&#8217;s Department Senator Datuk Abdul Rahman Suliman said the government had however used various mechanisms to help raise the economic position of the community and to ensure that the targeted three per cent equity ownership by Indians during the Ninth Malaysia Plan (9MP) period was achieved.  <\/p>\n<p>&#8220;Various efforts have also been undertaken to widen the participation of Indians in the economy and help uplift their economic status so that they are not left behind in development,&#8221; he said. <\/p>\n<p>Abdul Rahman was replying to a question from K. Devamamy (BN-Cameron Highlands) on the mechanisms to enable Indians achieve three per cent equity ownership during the 9MP period.  <\/p>\n<p>Abdul Rahman said the mechanisms included the investment schemes of Perbadanan Nasional Berhad, such as Amanah Saham Wawasan 2020, Amanah Saham Nasional, Amanah Saham Gemilang, Amanah Saham Nasional 3, expanding access to financial assistance and training for Indian entrepreneurs as well as providing business licences to encourage them to venture into business.  <br \/> Replying to a supplementary question, from Datuk Mohd Zaid Ibrahim (BN-Kota Baharu), on the equity targets for other ethnic groups such as the Dayak, Orang Asli and Kadazan, Abdul Rahman said the government would continue to focus on the eradication of poverty among the people regardless of their ethnic groups.  <\/p>\n<p>&#8220;We want to reduce hardcore poverty, which is at 5.7 per cent, by 2010. This is our most important target. <\/p>\n<p>&#8220;Our agenda is to try and ensure that all ethnic groups are able to participate in and benefit from the programme,&#8221; he said.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>how did we reach the 3% target figure? It should be 8% at least. &nbsp; &nbsp; No plan for special investment fund for Indians &nbsp; BERNAMA SOURCE KUALA LUMPUR, MON:&nbsp; THE government has no plan to set up a special investment fund to uplift the economic position of the Indian community, the Dewan Rakyat was [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[131,115,24],"class_list":["post-317","post","type-post","status-publish","format-standard","hentry","category-borninmalaysia","tag-bn","tag-economy","tag-mic"],"_links":{"self":[{"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/posts\/317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/comments?post=317"}],"version-history":[{"count":0,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/posts\/317\/revisions"}],"wp:attachment":[{"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/media?parent=317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/categories?post=317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/tags?post=317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}