The Gerakan party has proposed the establishment of a National Scholarship to be awarded to less-fortunate students and based solely on merit.
Gerakan president Mah Siew Keong said money for the scholarship fund could come from increasing the income tax rate by one per cent on Malaysians earning more than RM1 million and companies earning over RM300 million in annual income.
“This National Scholarship must be awarded based solely on merit. We must strive to retain our talents,” Mah said at the party’s annual conference today.
“The scholarship recipients must return (after graduating) to serve with the government for 10 years. They will be a generation of leaders in the political, economic and social spheres in future.”
Mah also hoped that the 2017 Budget would provide more benefits for the people in coping with the rising costs of living, health and housing.
The Budget will be tabled at the Dewan Rakyat on Oct 21.
FMT Reporters Online