#Budget2021: Govt To Create 500,000 Jobs Through Upskilling And Retraining Programmes
The government will be spending RM3.7 billion in this initiative.
By Yap Wan Xiang — 06 Nov 2020, 06:16 PM
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has announced that the government will be creating 500,000 jobs for Malaysians
During the tabling of the Budget 2021 in the Parliament today, 6 November, Zafrul said the government proposes to spend RM3.7 billion to start upskilling and retraining programmes to create half a million jobs.
The initiative is called 'Skim Jaminan Penjanaan Pekerjaan' (JanaKerja).
Meanwhile, the government also proposes to improve the employment initiative or 'PenjanaKerjaya' under the Social Security Organisation (SOCSO) next year
Under the programme, the government proposes to spend RM2 billion to create 200,000 jobs.
Zafrul said incentives for workers earning RM1,500 will be increased by 40% of their monthly salary from the flat rate of RM800 per month.
"To encourage the creation of greater employment opportunities for disabled (OKU) groups, person who have been unemployed for a long time and those who were retrenched, employers will be given an additional incentive of 20% (to hire the affected groups)," New Straits Times quoted him as saying.
"This will bring the total incentive received by the employers to 60%."
These incentives will be given for a period of six months.
Stay tuned for our overview story of #Budget2021!
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