Latest news with #IndianCommunityEntrepreneurDevelopmentScheme
The Star
19-07-2025
- Business
- The Star
Nine Kuskop initiatives reflect Govt's commitment to empower Indian community
KUALA LUMPUR: The Entrepreneur Development and Cooperatives Ministry (Kuskop) has implemented nine high-impact initiatives to empower the Indian community since last year until mid-2025. Deputy Minister Datuk Seri R. Ramanan (pic) said the initiatives, which cover financing, capacity building, training, cooperative empowerment and community engagement, reflect the Government's commitment to inclusive and equitable economic development. "For this year up to June, over RM356mil has been allocated through various financing and entrepreneurship development programmes, benefiting nearly 9,000 Indian entrepreneurs nationwide," he said in a Facebook post on Saturday (July 19). Among the initiatives introduced are the Indian Community Entrepreneur Development Scheme (SPUMI), SPUMI Goes Big, the Prosperity Empowerment and A New Normal for Indian Women (PENN) programme, and Bank Rakyat Indian Entrepreneur Financing-i (Brief-i). Other initiatives include Vanigham Financing for Indian Entrepreneurs, Vanakam MADANI, the Business Accelerator Programme for Indian Small Business (i-BAP), the Empowering Indian Entrepreneur (EIP 2024) programme, the Indian Community Cooperative Conference (PKKI 2024), and financial assistance for Indian houses of worship. Ramanan said the implementation of these initiatives demonstrates the government's responsiveness to the needs and aspirations of the people, particularly the Indian community. "These are not just figures on paper, but a testament to the government's boldness and commitment to ensuring the Indian community becomes part of the national development mainstream. "We want to see more Indian entrepreneurs succeed, become job creators and contribute to the country's economic growth. Empowering the community is not rhetoric, it is ongoing work with measurable outcomes," he said. He added that Kuskop is currently evaluating several new initiatives, which are expected to be launched soon. "I remain committed and focused on uplifting the Indian community through economic empowerment programmes. I will ensure all initiatives prioritise efficient service delivery. "I will continue to closely monitor and strengthen this empowerment agenda to ensure no community is left behind in the journey towards a MADANI Malaysia," he said. - Bernama
Barnama
19-07-2025
- Business
- Barnama
Nine KUSKOP Initiatives Reflect MADANI Govt's Commitment To Empower Indian Community
KUALA LUMPUR, July 19 (Bernama) -- The Entrepreneur Development and Cooperatives Ministry (KUSKOP) has implemented nine high-impact initiatives to empower the Indian community since last year until mid-2025. Deputy Minister Datuk Seri R. Ramanan said the initiatives, which cover financing, capacity building, training, cooperative empowerment and community engagement, reflect the MADANI Government's commitment to inclusive and equitable economic development. 'For this year up to June, over RM356 million has been allocated through various financing and entrepreneurship development programmes, benefiting nearly 9,000 Indian entrepreneurs nationwide,' he said in a Facebook post today. Among the initiatives introduced are the Indian Community Entrepreneur Development Scheme (SPUMI), SPUMI Goes Big, the Prosperity Empowerment and A New Normal for Indian Women (PENN) programme, and Bank Rakyat Indian Entrepreneur Financing-i (BRIEF-i). Other initiatives include Vanigham Financing for Indian Entrepreneurs, Vanakam MADANI, the Business Accelerator Programme for Indian Small Business (i-BAP), the Empowering Indian Entrepreneur (EIP 2024) programme, the Indian Community Cooperative Conference (PKKI 2024), and financial assistance for Indian houses of worship. Ramanan said the implementation of these initiatives demonstrates the government's responsiveness to the needs and aspirations of the people, particularly the Indian community. 'These are not just figures on paper, but a testament to the government's boldness and commitment to ensuring the Indian community becomes part of the national development mainstream. 'We want to see more Indian entrepreneurs succeed, become job creators and contribute to the country's economic growth. Empowering the community is not rhetoric, it is ongoing work with measurable outcomes,' he said. He added that KUSKOP is currently evaluating several new initiatives, which are expected to be launched soon.
The Sun
14-06-2025
- Business
- The Sun
TEKUN disburses RM23m in financing to indian entrepreneurs as of May 1
IPOH: The National Entrepreneurial Group Economic Fund (TEKUN Nasional) has disbursed RM23 million in financing to 879 Indian entrepreneurs across the country as of May 1 this year. Senior private secretary to Deputy Entrepreneur Development and Cooperatives Minister, Datuk B. Anbumani, said the government provided the allocation under the SPUMI (Indian Community Entrepreneur Development Scheme) Goes Big financing scheme, benefiting 137 recipients, adding that another 742 Indian entrepreneurs received funding through the TEKUN SPUMI scheme. 'In addition to TEKUN financing, many other initiatives under the Entrepreneur Development and Cooperatives Ministry (KUSKOP) have been rolled out this year, aimed at boosting the economic development of the Indian community. 'Therefore, the Indian community must make the most of the platforms provided by the government, as their economic well-being is crucial. KUSKOP remains committed to supporting Indian entrepreneurs by offering various financing opportunities to help them grow their businesses,' he said. He said this today on behalf of the Entrepreneur Development and Cooperatives Deputy Minister, Datuk Seri R. Ramanan, after the Vanakam MADANI engagement session with Perak Indian entrepreneurs here. Anbumani said that these entrepreneurs are selling sarees, providing transportation services, running restaurants or retail outlets, and are involved in online ventures, among other things.
The Sun
14-06-2025
- Business
- The Sun
TEKUN disburses RM23m to 879 Indian entrepreneurs
IPOH: The National Entrepreneurial Group Economic Fund (TEKUN Nasional) has disbursed RM23 million in financing to 879 Indian entrepreneurs across the country as of May 1 this year. Senior private secretary to Deputy Entrepreneur Development and Cooperatives Minister, Datuk B. Anbumani, said the government provided the allocation under the SPUMI (Indian Community Entrepreneur Development Scheme) Goes Big financing scheme, benefiting 137 recipients, adding that another 742 Indian entrepreneurs received funding through the TEKUN SPUMI scheme. 'In addition to TEKUN financing, many other initiatives under the Entrepreneur Development and Cooperatives Ministry (KUSKOP) have been rolled out this year, aimed at boosting the economic development of the Indian community. 'Therefore, the Indian community must make the most of the platforms provided by the government, as their economic well-being is crucial. KUSKOP remains committed to supporting Indian entrepreneurs by offering various financing opportunities to help them grow their businesses,' he said. He said this today on behalf of the Entrepreneur Development and Cooperatives Deputy Minister, Datuk Seri R. Ramanan, after the Vanakam MADANI engagement session with Perak Indian entrepreneurs here. Anbumani said that these entrepreneurs are selling sarees, providing transportation services, running restaurants or retail outlets, and are involved in online ventures, among other things.
Barnama
14-06-2025
- Business
- Barnama
Tekun Disburses RM23 Mln In Financing To Indian Entrepreneurs As Of May 1
IPOH, June 14 (Bernama) -- The National Entrepreneurial Group Economic Fund (TEKUN Nasional) has disbursed RM23 million in financing to 879 Indian entrepreneurs across the country as of May 1 this year. Senior private secretary to Deputy Entrepreneur Development and Cooperatives Minister, Datuk B. Anbumani, said the government provided the allocation under the SPUMI (Indian Community Entrepreneur Development Scheme) Goes Big financing scheme, benefiting 137 recipients, adding that another 742 Indian entrepreneurs received funding through the TEKUN SPUMI scheme. 'In addition to TEKUN financing, many other initiatives under the Entrepreneur Development and Cooperatives Ministry (KUSKOP) have been rolled out this year, aimed at boosting the economic development of the Indian community. 'Therefore, the Indian community must make the most of the platforms provided by the government, as their economic well-being is crucial. KUSKOP remains committed to supporting Indian entrepreneurs by offering various financing opportunities to help them grow their businesses,' he said. He said this today on behalf of the Entrepreneur Development and Cooperatives Deputy Minister, Datuk Seri R. Ramanan, after the Vanakam MADANI engagement session with Perak Indian entrepreneurs here. Anbumani said that these entrepreneurs are selling sarees, providing transportation services, running restaurants or retail outlets, and are involved in online ventures, among other things. -- BERNAMA
