Budget 2013: Facts & Figures

THE 2013 BUDGET SPEECH By YAB DATO’ SRI MOHD NAJIB TUN HAJI ABDUL RAZAK PRIME MINISTER AND MINISTER OF FINANCE INTRODUCING THE SUPPLY BILL (2013) IN THE DEWAN RAKYAT FRIDAY, 28 SEPTEMBER 2012 “PROSPERING THE NATION, ENHANCING WELL-BEING OF THE RAKYAT: A PROMISE FULFILLED”

Skills and Training

65. Moving on to the issue of knowledgeable, creative and innovative human capital, training programmes will be developed to hone new skills in line with future needs of industry in a high-income and developed economy. For this purpose, RM3.7 billion will be allocated in 2013 to train students in technical and vocational fields.

66. Every year about 180,000 students graduate with diplomas and degrees from institutions of higher learning. To assist unemployed graduates, the Government will launch the Graduate Employability Blueprint by end-2012. The Blueprint will focus on strengthening the employability of graduates. In this regard, the Government will establish the Graduate Employability Taskforce with an allocation of RM200 million.

67. The Government has implemented the 1Malaysia Training Scheme Programme, also known as SL1M, to increase employability of graduates through soft skills training and on-the-job-training in private companies through double deduction on expenses incurred by the companies. This incentive is effective from 1 June 2012 until 31 December 2016.

68. The Government will allocate RM440 million to the Skills Development Fund Corporation (PTPK), to provide loans for trainees to undergo skills training. This measure will benefit nearly 40,000 trainees undertaking the Malaysia Skill Certificate Level One to Five. The Government will allocate RM366 million to upgrade as well as purchase equipment for Industrial Training Institutes and National Youth Vocational Institutes (IKBN).

69. In line with the objective to transform the country’s key industries towards high technology, innovation and high income, various skills training programmes will be implemented. Towards this, focus will be given to create a professional and talented workforce in selected industries, including oil and gas, shipping, ICT, creative and biotechnology. In 2013, about 5,000 trainees are expected to enrol in these programmes. Additionally, PETRONAS will utilise IKBN in Pengerang, Johor to train 300 youths for the oil and gas sector by end of 2012 to meet the needs of the RAPID project.

70. The Government is aware of the plight of poor Malaysian Indian students in the estates who do not achieve good results in examination and are unable to find jobs. In line with this, the Government will allocate RM50 million to train 3,200 Malaysian Indian students in the estates to equip them with skills in line with market demand. The training will be conducted by Industrial Training Institutes and colleges under the Dual National Training Scheme.

Comment: Looks good but hope no more big leakages eg equipment that cost RM 1,000 (market price) is invoiced for RM 4-5K that has happened in the past!

Source: The Star Online – 29th Sept 2012

2 thoughts on “Budget 2013: Facts & Figures

  1. Awesome ideas if run professional and ethically but sad to say, not very workable or applicable. Refer to item no. 66 & 67
    Reasons:
    1) Wrong course selection
    2) Education system is defective as or soft and hard skills need to be integrated
    (not to be retrain as a waste of energy and money)
    3) Wrong choice of lecturers / trainers
    4) Lack will power to implement and improvised
    5) Lack knowledgeable trainers/ lecturers in the correct courses
    6) Reluctance to change or cannot change
    7) Poor training curriculum
    8) Poor assessment methodology or one design to never fail
    9) Too much unnecessary involvement by unprofessional people
    10) Training or course run just for show but not serious – just to please
    11) Curriculum done by contractors who knows nothing about the business
    12) Too many cooks and unwarranted interferences
    13) Always pleasing the boss but not have self integrity
    14) Too much wastage
    15) Too much red tape and bureaucracy
    16) Co-ordination or facilitation by staff that are not well verse in the subject matter
    17) Lack of respect on government’s initiatives due to “tidak apa attitudes”
    18) Proposal will grow the number of graduates but not knowledgeable and skillful
    graduates that will improve the human capital outlook
    19) Lack enforcement and “real or proper quality control” by the various agencies
    20) Getting the right person for the job and not just anyone, seen as doing the “JOB”

    Sorry to say. I am an adviser to 4 Ministries such as MoHR, MoE, MoYS & MoDT but I found out that each and every agencies, does more to please than to implement or carryout. What a sad scenario. No point sharing as there are always a bunch of “sleepy heads” attending just to get the allowances. Cheers.

    Thank you for reading.

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