THE Government has no plan to set up a special investment fund to help uplift the economic position of the Indian community in the country, Malaysia Nanban reported.
Deputy Minister in the Prime Minister’s Department Senator Datuk Abdul Rahman Suliman said the Government had used various mechanisms to help the Indians and to ensure that the targeted 3% equity ownership by the community during the Ninth Malaysia Plan period was achieved.
He said various efforts had been taken to increase the participation of Indians in the economy and help uplift their economic status .
Abdul Rahman, replying to a question from K. Devamany (BN – Cameron Highlands) in the Dewan Rakyat, said the mechanisms included Perbadanan Nasional Berhad investment schemes, expanding access to financial assistance, and training for entrepreneurs as well as providing business licences to encourage them to venture into business.
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