KUALA LUMPUR: Parti Sosialis Malaysia (PSM) wants the previously termed, direct income transfer 1Malaysia People’s Aid (BR1M) be re-instituted for the 2.5 million B40 families, instead of the proposal to institute Employees Provident Fund (EPF) accounts for housewives.
Its central committee member, Dr Michael Jeyakumar Devaraj, said the move would boost aggregate demand by RM3bil (RM1,200 x 2.5 million).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
