PETALING JAYA, June 29 — The government has allocated RM20 million under Tekun (Tabung Kumpulan Usaha Niaga) for small-scale Indian entrepreneurs.Agriculture and Agro-based Industry Minister Datuk Seri Noh Omar said about 700 small-scale Indian entrepreneurs throughout the country had been given loans to develop their business.Tekun Nasional has received assistance from Yayasan Strategik Sosial (YSS) in providing such loans to Indian entrepreneurs, he told reporters after opening Tekun Nasional’s 2010 Excellent Service Awards here today.
Noh said Tekun Nasional had registered RM1.5 billion in profits till May 31, from the initial allocation of RM900 provided by the government, while 170,000 have benefited from such loan facilities.He added that starting July 1, entrepreneurs who wished to take a loan from Tekun Nasional, must attend a entrepreneurs’ course to be eligible for loans.“Those who do not attend the course without a valid reason, will not be considered for such loans,” he said.
Source : Bernama
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