Monday September 10, 2012
Chamber to explain RM180mil aid facility for Indians
KUALA LUMPUR: The Malaysian Associated Indian Chamber of Commerce and Industry (MAICCI) will go on a nationwide campaign to explain the Government's special allocation to the community.
Its president Datuk K.K. Eswaran said the campaign was necessary as some quarters had been trying to discredit the Government's genuine effort by calling it sandiwara (an act).
“I can assure everyone that the Government is committed to assisting Indians and there is no hidden agenda,” he said yesterday.
Eswaran had earlier chaired a meeting of the state chambers as well as representatives of the Indian trade associations.
Prime Minister Datuk Seri Najib Tun Razak had earlier announced an allocation of RM180mil for Indian entrepreneurs.
The Special Secretariat for Empowerment of Indian Entrepreneurs has been entrusted to assist the loan applicants to prepare a feasibility study as well as relevant documents to be submitted to the 16 banks selected.