A special fund of RM50mil has been allocated for Indian women micro-entrepreneurs to expand their business and elevate their economic status, says Datuk Ramanan Ramakrishnan.
The Deputy Entrepreneur Development and Cooperatives Minister on Saturday (April 13) said that the fund under Amanah Ikhtiar Malaysia (AIM) was an effort to assist small businesses run by Malaysian Indian women aged 18 and above.
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The Deputy Entrepreneur Development and Cooperatives Minister on Saturday (April 13) said that the fund under Amanah Ikhtiar Malaysia (AIM) was an effort to assist small businesses run by Malaysian Indian women aged 18 and above.
Read more at https://tinyurl.com/5x6dsrw4
WATCH MORE: https://thestartv.com/c/news
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NewsTranscript
00:00 (announcement of the project)
00:08 The project is a self-sustaining trust fund, which was established under the Trust Fund Act 1992.
00:19 The fund provides microcredit to support activities that can increase and increase household income.
00:32 Since its establishment, the fund has helped almost a million women entrepreneurs across Indonesia,
00:40 regardless of race, religion, and race is not everyone.
00:45 However, the number of entrepreneurs in Indonesia is still low compared to the number of Malaysian entrepreneurs.
00:54 Therefore, we hope that a good cooperation can be built together with our respected Dato' today
01:03 to recruit more entrepreneurs from Indonesia to create microcredit financing provided by the fund,
01:13 which will help them increase household income and also help them get out of this poverty.
01:24 This morning, I am very fortunate and am pleased to announce that
01:31 AIM has allocated RM50 million in the Women's Foundation of India.
01:43 The RM50 million allocation is specifically for Indian women entrepreneurs
01:50 through the Women's Foundation of India program.
01:55 This is a large amount of money provided by AIM to realize the desire and hope
02:02 that our respected Prime Minister has for ensuring that there is no minority in our development.
02:11 The RM50 million that AIM uses will be beneficial to more than 7,100 new Indian women entrepreneurs
02:23 and will make the number of Indian women entrepreneurs who benefit from the Indian Women's Finance Scheme
02:31 to 10,200.
02:35 I, as the Minister of Finance, am very confident with the ability of AIM
02:45 that the program will be known as PIM.
02:49 Many people will ask, what is PIM?
02:53 PIM is Prosperity, Empowerment and a New Normal for Indian Women.
03:01 This will create many micro-businesses from India
03:07 that can contribute to the more sustainable development of the country's economy.
03:12 This program is also another step to develop, empower and enhance the quality of Indian women in Malaysia
03:21 along with the Malaysian economy.
03:25 For your information, this PIM program can be held on 15 April 2024
03:34 at 124 branches of AIM in the country.
03:40 This program is a meaningful gift for all of us
03:44 on the 14th of April, which is tomorrow, the new Tamil New Year.
03:51 For more information, please visit www.aim.org
03:55 AIM PIM Programme
03:59 [BLANK_AUDIO]