We welcome the recently launched e-Belia programme that will give RM150 in e-wallet funds to all youths aged 18 to 20 as well as full time undergraduates who are studying in various higher education institutes (IPT).
Big thanks to our Federal Government led by Right Honourable Prime Minister, Yang Amat Berhormat Tan Sri Muhyiddin Yassin in allocating RM300 million for the programme under Budget 2021 that will benefit to 2 million Malaysians aged 18 to 20 as well as full-time IPT students.
Such initiative is also expected to boost our local economy because of the spin off effects and it will encourage micro, small and medium enterprises (SMEs) to start accepting cashless payments and to accelerate the shift to a digital economy.
According to our Prime Minister, the initiative is also giving the opportunity for us to support our local entrepreneurs, who are mainly youths as well. “As a digital citizen, I believe you can pioneer cashless payment methods, thus encouraging other merchants to use such payment methods,” the Prime Minister had mentioned said in his speech at the recent launching ceremony. The period for the youths to claim the credits is from 1 June 2021 to 22 July 2021, and the credit can be spent until 31 July 2021.
One thing good from this initiative is that most of the operators will also match or give offers greater amounts than the RM150 which our government had given, in the form of credits or reward points.
We share the prime minister’s views on today’s youths who are the generation of digital natives who play very important role in steering and ensuring the success of our country’s digitalisation efforts. Our youths are also very lucky as they are able to make optimal use of digital applications to increase their knowledge, to communicate with each other and even to find job and business opportunities.
The government had always encouraged our youths to continue exploring innovations and become idea initiators in line with the development of new technologies. Being digital natives, our youths can also spearhead the adoption of cashless payment methods and encourage other business operators and traders in adopting cashless solutions. The digital natives, who are the main generator of our national digitalisation agenda, made up 13.4 per cent or more than 3.9 million of Malaysia’s population.
Kudos also to our government’s efforts in implementing various aspects of digitalisation in its business operations with the aim to achieve cashless payments for all public services by 2022, in line with the objectives of Budget 2021 in order to improve the public service delivery. Thus, members of the public will no longer have to join long queues just to make payments at various service counters and this will benefit the government as mentioned by our prime minister, as of last year 60 per cent of the government’s revenue collection was through e-payment.
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