The party also says more than 200 Tamil schools have benefited from the RM100 million allocated in the previous Budget.
SHAH ALAM: MIC president G Palanivel today urged Indian entrepreneurs to expand their businesses through the special allocation of RM50 million for TEKUN under the 2013 Budget announced by Prime Minister Najib Tun Razak yesterday.
He said the allocation was an extension to the continuous measures taken by the government to help the Indian community.
“In the previous budget, RM30 million was allocated for TEKUN for Indian entrepreneurs and now it has been raised to RM50 million under the 2013 Budget.
“I highly encourage all aspiring Indian entrepreneurs to take this opportunity to apply and grow their businesses,” he told reporters after officiating the ‘Road To England’ football tournament which kick-started today at a Tamil school, here.
Under the 2013 Budget, RM350 million was allocated for TEKUN Financing for small to medium entrepreneurs, including RM50 million for the Indian Social Entrepreneurship Scheme.
Apart from that, RM50 million was allocated for 3,200 poor Indian students to train them in industrial skills and RM100 million for upgrading and development for Tamil schools nationwide.
Palanivel, who is a Minister in the Prime Minister’s Department, said more than 200 Tamil schools had already benefited from the RM100 million allocation announced for Tamil schools under the 2012 Budget.
As such, he said, only the remaining Tamil schools which did not seek any allocation would benefit from the 2013 Budget allocation. There are approximately 523 Tamil schools in the country.
Palanivel also expects to receive an allocation of RM1 billion for Tamil schools in 10 years’ time.
SHAH ALAM: MIC president G Palanivel today urged Indian entrepreneurs to expand their businesses through the special allocation of RM50 million for TEKUN under the 2013 Budget announced by Prime Minister Najib Tun Razak yesterday.He said the allocation was an extension to the continuous measures taken by the government to help the Indian community.
“In the previous budget, RM30 million was allocated for TEKUN for Indian entrepreneurs and now it has been raised to RM50 million under the 2013 Budget.
“I highly encourage all aspiring Indian entrepreneurs to take this opportunity to apply and grow their businesses,” he told reporters after officiating the ‘Road To England’ football tournament which kick-started today at a Tamil school, here.
Under the 2013 Budget, RM350 million was allocated for TEKUN Financing for small to medium entrepreneurs, including RM50 million for the Indian Social Entrepreneurship Scheme.
Apart from that, RM50 million was allocated for 3,200 poor Indian students to train them in industrial skills and RM100 million for upgrading and development for Tamil schools nationwide.
Palanivel, who is a Minister in the Prime Minister’s Department, said more than 200 Tamil schools had already benefited from the RM100 million allocation announced for Tamil schools under the 2012 Budget.
As such, he said, only the remaining Tamil schools which did not seek any allocation would benefit from the 2013 Budget allocation. There are approximately 523 Tamil schools in the country.
Palanivel also expects to receive an allocation of RM1 billion for Tamil schools in 10 years’ time.
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