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Govt plans insurance scheme to protect the poor

KUALA LUMPUR: The government will roll out an Insurance Protection Plan for poor households that lost their source of income following the death of their family heads.

Prime Minister Datuk Seri Ismail Sabri Yaakob said the plan was expected to benefit some 268,000 poor households registered under the e-Kasih system.

Ismal Sabri said, each household will receive RM10,000 and the initiative would cost the government RM13.4 million annually.

This, he said, were among the decisions taken during the Malaysia Social Protection Council's (MySPC) meeting today.

"The MySPC also launched the Social Protection Database (PDPS) that contains details of 167 programmes conducted by 17 ministries and agencies and the profiles of 13.7 million recipients who benefited from Phase One of the federal government's social protection aids.

"PDPS will serve as a single gateway and the primary reference for social protection programmes, that include employment, social insurance and social aid elements.

"The public and stakeholders will have full access to this system after the social insurance and labour market intervention module is developed after 2023," he said in a statement today.

Ismail Sabri said MySPC had also agreed to strengthen the social protection agenda at district administration levels through their state social protection technical committees.

This, he said, was to coordinate the mapping of social protection profiles and programmes for Phase Two assistance.

"MySPC has also agreed to upgrade the socioeconomic level of Keluarga Malaysia by giving added value and focus to programmes that increase income of family heads in poor and hardcore poor households, that are registered under e-Kasih.

"The Malaysia Productivity Corporation (MPC) has also been tasked to head the Working Committee for Subsidy Modernisation to Increase Productivity.

"The measures decided in today's meeting will help bolster the social protection agenda, in line with the government's aspiration to eradicate hardcore poverty by 2025, as outlined in the 12th Malaysia Plan," he added.

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