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> 80% of household earning is below RM3000 per month...mean what?

Malaysia GDP per capita in 2010 is estimated at US$ 8,624 or RM 27144, it translates to RM 2262 per month. In my estimation, at least 75% Malaysian earning is below GDP per capita.

Through my qualitative analysis, 85% Malaysians are living with actual GDP of RM 5100 per annum.

In Najib’s ETP, a major KPI that is Gini coefficient is missing. Gini coefficient is a measurement of the distribution of income among the people or how even the national income is distributed.

Malaysia is the second worst in the fair and even income distribution in Asia.

RM500 handout candies is prove the income distribution is truly uneven.

Needy folk say RM500 aid will come in handy

By YUEN MEIKENG and JOSEPH SIPALAN

KUALA LUMPUR: Many came by bus, others by motorcycle while a few walked to sign up for the RM500 aid given to households earning RM3,000 or less.

At Inland Revenue Board offices and several schools and other designated places, it was all smiles for recipients under BR1M, the Bantuan Rakyat 1Malaysia scheme.

Sivaranam Velayuthan, 61, said the money was very welcome, especially since he is now unemployed. He and his 60-year-old wife only get RM160 monthly welfare aid and depend on their two children to buy them food.

“We pay RM124 a month to rent our flat in Setapak, and after paying for electricity and water, we have nothing left.

“This RM500 will be very helpful. I feel relieved,” he said at the IRB office at the government complex in Jalan Duta.

Housewife Siti Rohani Mohamed, 37, said the money would help her take care of her elderly parents.

“They do not have any income. My siblings and I support them, and it is always nice to have some help,” she said.

Ken Tin Weng, a 43-year-old supervisor, said the aid would make it a happier Chinese New Year for him and his family.

“The money will help buy things to celebrate Chinese New Year next month,” he said.

Police officer Edut Bansa, 32, said the scheme would help her mother back home in Kapit, Sarawak.

“She’s in her 60s and she raised us as a single mother. It’s good that I can help her,” she said.

At SMK Aminuddin Baki near the city, single mother Tan Kim Neo said the money would help pay off her utility bills.

The 54-year-old NGO administrator said it would be better if the Government gave such aid monthly, but was happy nonetheless.

Former rubbish collector Yaakub Budin, 82, said the money would ease some of his financial burden, especially since he is living alone.

He said the cost of living had risen and, having lost his wife to cancer 15 years ago, the sprightly old man said he had no one to look after him.

“I live alone, so I also have to take care of my health,” he said.

Retired labourer P. Ramaya, 59, said the money would help supplement his RM400 pension, but added that it was not enough, especially since three of his five children were still studying.

His wife, S. Supperamah, 56, added that with her thyroid condition, money was tight for the family.

“I only earn RM1,000 as a road sweeper and we have to pay for our children’s college fees, our household expenses and my medical bills,” she said.

Counters had been opened since yesterday to register Malaysians who qualify for the aid at all IRB offices. The registration will continue till Jan 10.

The nkkhoo.com comment board with Facebook account.
Lokman says:

My neighbor told me that many malay ladies wearing gold jewelry went to Hasil to apply for BR1M. How ironic!

Doc Vaseegaran says:

too bad you have gained the reputation of bashing king of establishment and red dot may not grant you work permit for fear that you may create havoc among the obedient Sporeans.

Doc Vaseegaran says:

Muar the plant nursery and furniture capital of Malaysia

Can deploy unemployed graduans to the farms at Muar ???

http://www.themalaysianinsider.com/malaysia/article/in-johor-bountiful-harvest-but-too-few-workers/

nkkhoo says:

As long as unlimited foreign workers are allowed, our engineers will be paid like beggars. Good brain engineers will work in red spot for good money.

Farid says:

BR1M is just an exercise to ‘gather information’ from those who ‘claim to eanless than RM3000 per month’ and ‘has not been paying income tax.

Once you submit your BR1M form, you may get RM500 in January but soon the Hasil flers will ask you for past arears!

Be careful. It is simply a trap.
Hasil knew that it is unlikely that only 12% of population earn enough to pay income tax. If the KPI is 20%, then 8% more (those who never pay tax) will soon have to pay income tax soon after they take on the RM500 bait.

nkkhoo says:

Almost all farmers are evading tax. I know a kampong folk who earns RM20-30K a month from his guava cultivation.

My brother’s brother-in-law also in cultivating guava, he built his house with 500,000 cash. I am not sure he pays income tax or not.

PETER LAI says:

I still believe Bank Negara is protecting umnoputras & chinese cronies tychoons to set Ringgit at such low currency exchange level. This to favour thier exports to world markets while continue to pay peanuts salaries on par with foreign labourers.

Hoorie says:

Talk about middle income trap,most malaysian do not even have a stable income to start with. In Singapore young graduates are getting starting pay of SGD3000-SGD4500.

PETER LAI says:

what if Malaysia can afford to give RM500 every month instead ?
otherwise this is just a sweetener for coming election !

nkkhoo says:

Giving handout is going to spoil Malaysians.

Kick out 50% foreign workers and raise the wages to a minimum RM1500 for general workers, and RM 2500 for technical workers and RM4000 for engineers.

Besides, impose minimum 10% increment every year for next 10 years until GDP reaches USD15,000.

mari kita says:

No need to worry if you have full faith with Najibnomics to make Bolehland a high-income nation by 2020.

nkkhoo says:

Hong Kong top 10 tycoons control 80% of wealth. That is a truly Najis-nomics.