Ramanan: More funding being considered for Uyarvu Madani to help small Indian entrepreneurs

The Malaysian government, through the Malaysian Indian Transformation Unit (MITRA), is considering applying for additional funding to expand assistance to small entrepreneurs, particularly those in the B40 and M40 groups, via the Uyarvu Madani programme. Human Resources Minister Datuk Seri R. Ramanan revealed that the government received 8,368 applications for the programme, but can only grant assistance to around 780 recipients.

Ramanan stated that the over 8,000 applications received indicate a significant need for assistance among small entrepreneurs, especially B40 entrepreneurs striving to advance. Assistance provided through Uyarvu Madani is in the form of grants, unlike loans provided through other facilities. The government plans to explore other sources of financing, including collaboration through other agencies, to help more entrepreneurs expand their businesses.

Uyarvu Madani is one of six new initiatives under MITRA for 2026, with a total allocation of RM65.5 million.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.