Here is more of the UMNO led government’s apartheid policies, so blatantly apartheid. Reads just like the white racist policy of South Africa. It is almost as if the minority groups do not exist in this country.
Please also see in comparison the programs for Indians, no mention of anything for the Chinese, not to mention.
What a great party this UMNO is. They are trying very hard now to split Malaysia up permanently, it looks. We cannot let this happen. The people have to respond . UMNO still thinks it can bribe its way back. What a retrogressive policy - even after the drubbing at the last elections.
Quoted from Malaysiakini 26th June 2008
“Prime Minister Abdullah Ahmad Badawi said today that the 30 percent bumiputera equity target has not yet been achieved, although their equity ownership in the corporate sector increased from 18.9 percent in 2004 to 19.4 percent in 2006.
MCPX
As such, several additional measures will be undertaken to achieve that objective by 2020, said Abdullah when tabling the government's mid-term review of the Ninth Malaysia Plan.
Among the measures he proposed were:
• Greater emphasis will be given towards ensuring that the bumiputera community has controlling stakes in private companies.
• Bumiputera will be encouraged to invest in new growth areas such as information and communications technology, biotechnology, photonics, nanotechnology, advanced manufacturing and precision engineering.
• The role of bumiputera institutions such as Permodalan Nasional Berhad (PNB) and Tabung Haji will be strengthened to consolidate the funds of bumiputera individuals.
• Talented bumiputera graduates with creative and innovative ideas will be provided with capital to commercialise their ideas.
• A comprehensive database to monitor the performance of bumiputera in the corporate sector will be set up.
Indian equity ownership decreases
However, the percentage of corporate sector equity ownership among Indian Malaysians has decreased slightly from 1.2 percent to 1.1 percent.
Nevertheless, in absolute terms, ethnic Indian equity ownership increased from RM575.2 million, or nine percent, over the same period.
"To increase corporate equity ownership among ethnic Indians to 1.5 percent by 2010, efforts will continue to be undertaken to increase access to skills training and entrepreneurship development programmes.
"In addition, special assistance will be given to the ethnic Indian community to raise the level of their equity ownership through unit trust schemes," said Abdullah.
Unquote
What a wonderful party this UMNO is. What a wonderful Prime Minister Abdullah Badawi is – the Prime Minister for all Malaysians. UMNO keep up the good work. Keep on garnering the entire resources of the country to the UMNOputras in the name of NEP. The people will not be fooled all the time . UMNO has to go.
United we will stand
United we will act.
Hindraf
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