Selangor Journal
Menteri Besar Dato’ Seri Amirudin Shari meets with traders while distributing sanitisation kits at Banting market in Kuala Langat, on March 21, 2021. — Picture by HAFIZ OTHMAN/SELANGORKINI

Saving state economy, entrepreneurs via seven initiatives

SHAH ALAM, June 10 — Under the second strategy of the Kita Selangor Package 2.0, the state government has identified several initiatives to help industries as well as ensuring the sustainability of the economic sectors and entrepreneurs in the state.

Menteri Besar Dato’ Seri Amirudin Shari during the announcement of the stimulus package yesterday said the efforts include:

1. Selangor Advance

A RM200 million additional fund allocated to the cash financing scheme to help small and medium enterprises.

2. Food security programme

RM10 million allocated as working capital and the setting up of several permanent outlets to maintain the food chain.

3. Agro Prihatin programme

RM1.5 million allocated to purchase agricultural products and resell them to the public at a 50 per cent discounted price.

4. Yield improvement programme

RM1.93 million in funds to help farmers and livestock breeders in yielding high returns through several efforts, including providing assistance in terms of pest control products and rice seeds.

5. Hijrah Selangor loan

RM80 million allocated for startup capital for 8,000 entrepreneurs to start a business, focusing on those who have lost their jobs or face reduced income following the enforced movement control order.

6. Plats Selangor:

The scheme is extended to hawkers and retailers to learn the basics of digitalisation, financial assistance and entrepreneurship training.

7. Financial assistance to tourism sector

RM2.55 million allocated for the tourism industry in the state, which includes grants to assist tourism activities, tourism voucher 2.0 and one-off cash aid to the Selangor Tourism Association.

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Editor Selangor Journal