PUTRAJAYA: The skills improvement and re-skilling initiatives tabled under Budget 2024 will be implemented through the allocation of RM1.6 billion for 1.7 million training placements, said the Ministry of Human Resources (KSM).
It said in a statement today that the initiative would be implemented through the Human Resource Development Corporation , which is committed to boosting human capital through skills improvement and re-skilling initiatives.
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The ministry said that through the Social Security Organisation , it received over RM200 million to strengthen the social protection network and drive the labour market.
The KSM said the policy of hiring one per cent of persons with disabilities will be expanded to ex-convicts and the elderly to be implemented in various ministries, government-linked investment companies and government-linked companies as well as the government’s strategic partners, it added.
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