Budget 2024: Human Resources Ministry provides 1.7 million training places for skills improvement

PUTRAJAYA, Oct 14 — The skills improvement and re-skilling initiatives tabled under Budget 2024 will be implemented through the allocation of RM1.6 billion for 1.7 million...

'Short-sighted' to cull crocodile spotted at Marina East without trying other options first, say some animal groups in SingaporeFile picture of a hawker watching Prime Minister Datuk Seri Anwar Ibrahim tabling Budget 2024 in Parliament on his smartphone. The Human Resources Ministry said skills improvement and re-skilling initiatives tabled under Budget 2024 will be implemented through the allocation of RM1.6 billion for 1.7 million training placements.

“This special fund will be used to support micro, small and medium enterprises as well as assist vulnerable groups like former convicts, people with disabilities, the elderly and retirees,” it said.” amounting to RM393.8 billion, the highest in the country’s history. A total of RM20 million was also specially allocated for trainees in maritime, arts at the National Academy of Arts, Culture and Heritage and maintenance, repairs and upgrading of the aerospace sectors.The ministry said that through the Social Security Organisation , it received over RM200 million to strengthen the social protection network and drive the labour market.

“Raising the insured salary ceiling to a new level will take effect after the amendment to the two provisions of the act and, thus, is expected to increase cash benefits by 20.2 per cent for 1.45 million workers and their dependents in the event of a work disaster, disability, death or loss of employment,” it said.

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