The Poor Should Not Be Punished For Being Poor




According to the 2014 UN Development Report, 88 percent of Malaysian households reported zero savings. Further, 53 percent of Malaysian households reported that they had no financial assets
Thus it is not surprising that, as reported by the Minister of Domestic Trade and Consumer Affairs, 45,000 of the 2.9 million recipients of the Bantuan Sara Hidup (BSH) who are eligible for the fuel subsidy under the Petrol Subsidy Programme, do not have bank accounts. And the fact that the minister proposed to request that the banks allow for accounts with zero balances indicates a more serious issue – they have no savings. While not having a bank account is an issue that could easily be resolved, the issue of lack or no savings has a far more serious implication on the well-being of poor consumers
Currently, we have also come to the conclusion that poverty rate in Malaysia is not the official figure of 0.4 percent involving about 27,000 families, rather it is about 15 – 16 percent involving about one million households
While the government certainly must implement measures to help this group, it must also ensure that the current practices and programmes in the economy do not cause the poor great harm

It is most certain that the majority of these households who have limited or no savings cannot afford a computer or afford to pay for Internet services. Thus “forcing” them to do online banking or else pay extra fees for non-online services such as using the ATM or counter services certainly seems like punishing the poor for being poor. It is fortunate that with uproar from the consumer groups, this severe and punitive measure by the banks was removed. The poor should not be punished for being poor
The central bank in its policy of inclusive banking has strongly promoted and encouraged all Malaysians to participate in the financial services sector – not only the rich but also the poor and vulnerable. Banks are always seeking to maximise profits. Under the pretext of promoting “online banking”, some banks decided to charge the vulnerable poor without computer/Internet services, extra fees for ATM and counter services. Another source of revenue - about one million new customers. The regulator should have been firm in protecting the poor and vulnerable; unfortunately in its own obsession to promote online banking, at least in the first instance, it did not. It was only when the rakyat cried out at this unfairness, that the banks were told to stop this unjust practice
Further many BSH recipients, as well as pensioners, use Bank Simpanan Malaysia (BSN) to receive their BSH allowances or their pensions. As a so-called “government” bank it should have the welfare of the rakyat, especially the poor, as its highest priority. Thus, it is really unfortunate that in their aim “to promote online banking”, BSN has terminated the issuance of passbooks, advising consumers to use online services rather than transacting at the counter. This has caused tremendous suffering for the poor as well as pensioners. Often the poor may lack the hardware or Internet services necessary to conduct online banking as well as many themselves may not be very digitally savvy. They are thus forced to rely on other parties, their children or friends to help them transact at the ATM machine or online. The privacy and secrecy of their accounts are severely compromised as these third parties may be dishonest and withdraw for themselves or, as some of them have complained, their children would then know how much money is in the account and nag them for extra funds that the poor old folk may have saved for their later years. Relying on family members or friends to update or make withdrawals at the banks can cause serious family tensions. Fomca has fought long and hard for BSN to re-issue bank books for the poor and for pensioners; we have failed. The poor and the pensioners continue to suffer. The poor should not be punished for being poor
Fomca hopes that the regulator will act firmly to protect the poor and vulnerable consumers. Hopefully, still with its obsession with promoting “paperless” and “online banking”, the central bank will not continue to support BSN’s practice of causing suffering for the poor and vulnerable. Interestingly, some of the commercial banks continue to support bank books to provide just service to the poor; why not the so-called government bank
Finally, in the MySalam programme which provides financial assistance on critical illnesses for the poor, all poor should be included. No person classified as poor and suffering the prescribed critical illness should be excluded. Excluding the poor just because they had their illnesses before Jan 1, 2019, or those above the age of 65 is just cruel. The poor should not be punished because they found out they were already sick by a certain date or because they are “too old” to qualify. Profit-making insurance companies do that; never the government
Apart from BSH and other assistance programmes for the poor, the government must ensure that the critical institutions that the poor interact in their daily lives – such as banks and healthcare bodies – do not burden the poor even more. Whenever possible, they should reduce their burden instead. Is that not what a caring government does
The writer, Paul Selva Raj is chief executive officer, Fomca. - Mkini

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2019/10/the-poor-should-not-be-punished-for.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+Must

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Yoursay Hate Speech Police Should Walk The Talk Not Just Talk The Talk

Yoursay Hate Speech Police Should Walk The Talk Not Just Talk The Talk

papar berkaitan - pada 31/10/2019 - jumlah : 68 hits
YOURSAY I think we should heed the warning by the counter terrorism advisor The Third Man Is there a possibility that the country is heading towards May 13 1969 I m confident that it could happen It is waiting for a trigger so said Ahmad El...
Not A Man Of Honour The Vice Chancellor Of Um Should Be Sacked

Not A Man Of Honour The Vice Chancellor Of Um Should Be Sacked

papar berkaitan - pada 18/10/2019 - jumlah : 67 hits
Universiti Malaya and its vice chancellor Datuk Abdul Rahim Hashim should immediately stop their oppressive actions against the students They should instead respect the students freedom of expression and hold an open minded attitude towards...
Abandon Cable Car Project Improve Housing For The Poor

Abandon Cable Car Project Improve Housing For The Poor

papar berkaitan - pada 29/10/2019 - jumlah : 105 hits
The following statement is by Mohideen Abdul Kader of the Consumers Association of Penang he Consumers Association of Penang calls on the Penang state government not to build a cable car connecting the Botanic Garden to the Penang Hill summ...
Bombshell It Was Rosmah Who Chose The Materials For The Interior Decoration Of Jho Low S Super Yacht Equanimity Report

Bombshell It Was Rosmah Who Chose The Materials For The Interior Decoration Of Jho Low S Super Yacht Equanimity Report

papar berkaitan - pada 24/10/2019 - jumlah : 79 hits
The notorious 91 5 meter motor yacht Equanimity built for Malaysian fugitive financier Low Taek Jho described as one of the most opulent vessels ever built has been renamed Tranquility and gone on sale by the yacht brokers Camper Nicholsons...
Higher Taxes For The Rich Lim Says Our Rate Still Among The Lowest

Higher Taxes For The Rich Lim Says Our Rate Still Among The Lowest

papar berkaitan - pada 15/10/2019 - jumlah : 48 hits
KUALA LUMPUR Finance Minister Lim Guan Eng said yesterday that even with the two percentage point increase in income tax rate for those with taxable income in excess of RM2 million the rate remains among the lowest in this region He said th...
Why Punish Ronnie Liu For Telling The Truth

Why Punish Ronnie Liu For Telling The Truth

papar berkaitan - pada 24/10/2019 - jumlah : 79 hits
The real crux of the matter is the truth hurts and what Ronnie Liu wrote hurts very badly That is why some in DAP are angry with him Ronnie did not lie What he said is true and an opinion which many of the DAP and Pakatan Harapan supporters...
Isis Is Far From Dead Danger Ahead For The World As New Attacks From Islamic Terror Group Loom

Isis Is Far From Dead Danger Ahead For The World As New Attacks From Islamic Terror Group Loom

papar berkaitan - pada 15/10/2019 - jumlah : 105 hits
Middle East is about to plunge into a new crisis again thanks partly to the United States It seems that whenever the U S enters the region a war will start And now that the U S wants to quit it also creates a new war On Sunday President Don...
What Is The Real Reason For The Ltte Arrests

What Is The Real Reason For The Ltte Arrests

papar berkaitan - pada 15/10/2019 - jumlah : 92 hits
If the police do indeed have extremely credible and compelling evidence as they claim why were these individuals detained under Sosma and not under existing laws such as the Penal Code After all there are more than enough laws under which y...
Bn Propaganda Does Not Miss The Mark

Bn Propaganda Does Not Miss The Mark

papar berkaitan - pada 29/10/2019 - jumlah : 89 hits
Here is some Barisan Nasional propaganda This BN propaganda is about some economic and other data which the Pakatan Harapan government has either not achieved or made worse I have blanked out the data about Tabung Haji LTAT and Khazanah Nas...
Saya Mula Tidak Keruan Terpancar Jelas Wajah Ustaz Farhan Erin

Demi Moore Pernah Dijual Dengan Harga Rm2000 Dan Dijadikan Hamba Seks

Saya Bangga Jadi Kidal Ini Kelebihan Dan Fakta Orang Kidal

Maharaja Lawak Mega 2019 Puteh Minggu 6

Terlalu Ketara Selepas Dap Berkuasa Semuanya Nak Dipelbagai Bahasakan Termasuklah Lagu Negaraku

3d Wallpaper Bedroom Mural Modern Embossed Scenery Tv Background Wall B911 Ebay

Rayu Kes Rafizi Ag Akan Ambil Tindakan Pegawai Ingkar

Wallpaper Scenery For Walls Custom 3d Background Wallpapers Bamboo Forest Road Background 3d



Biodata Pengacara Akhmal Nazri Kekasih Lisa AF 2015

Biodata Penyanyi Lisa AF 2015 Kekasih Akhmal Nazri

7 Individu Yang Mendakwa Diri Mereka Boleh Hidup Kekal Abadi

Neelofa Kecewa Anak Melayu Jatuhkan Melayu Ini Respon Amalina Bakri

6 Fakta Tentang Tidur Berjalan Sleepwalking


Isteri Jangan Buat Semua Simpan Sikit Kerja Rumah Untuk Suami Buat

Amat Menyeramkan Baby Pelik Yang Memakan Usus Ibunya Ketika Dalam Kandungan

Bikin Nangis Ini Adalah Curahan Hati Bekas Isteri Ustad Abdul Somad Sebelum Dan Sesudah Bercerai

Pengalaman Temuduga Bank

Bagaimana Cara Untuk Membuat Reseller Jualan Semakin Jago

Bila Masa Yang Sesuai Tukar Pad Brek Kenderaan Anda