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10 APRIL 2024

Tuesday, December 18, 2012

More than one in three Malaysians to get cash handouts on January 15


KUALA LUMPUR, Dec 17 — About 12 million Malaysians, or more than one in three citizens, will receive cash handouts from the government on January 15, in a major boost for barisan Nasional (BN) ahead of elections expected soon after that.
Sin Chew Daily reported today that the estimated 12 million people will receive the cash through the Bantuan Rakyat 1 Malaysia (BR1M) and student aid schemes.
BR1M recipients will get handouts of RM500, while RM100 will be given to students from Standard One to Form Five.
Handouts worth RM250 will also be given out to those 21-year-old-and-above who are single and who earn less than RM2000 a month.
Prime Minister Datuk Seri Najib Razak had announced the handouts as part of his Budget 2013 measures to help cushion the fallout from an uncertain economic outlook.
Dates for the RM250 book coupons for university students and the smartphone allowance given to 21-30 year olds with a monthly income of less than RM3000, will be announced by this week.   
Deputy finance minister Donald Lim told Sin Chew Daily that the cash handout for bachelors over the age of 21 and earning below RM2000 a month, will also be announced at the same time.
“We predict that the families receiving handout benefits will increase by 10 per cent, rising from the previous 4.3 million households to 4.7 million.”
Lim also stated that this time two million youths above the age of 21 were predicted to come forward and receive the aid given.

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