Home Automotive PADU database to be formally launched on Jan 2, 2024 at PICC Putrajaya – public can register to attend occasion

PADU database to be formally launched on Jan 2, 2024 at PICC Putrajaya – public can register to attend occasion

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PADU database to be formally launched on Jan 2, 2024 at PICC Putrajaya – public can register to attend occasion

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PADU database to be officially launched on Jan 2, 2024 at PICC Putrajaya – public can register to attend event

The federal government will roll out the Pangkalan Knowledge Utama (PADU) socio-economic database on January 2, 2024, with prime minister Datuk Seri Anwar Ibrahim set to formally launch the database on the Putrajaya Worldwide Conference Centre (PICC) on the day.

In an X (Twitter) put up, financial system minister Rafizi Ramli invited the general public to attend the launch occasion to listen to for themselves how PADU shall be a key part of the retargeting of subsidies and authorities help. Those that wish to attend the launch occasion can register right here. The occasion may also be broadcast through social media platforms from 10 am on the day.

To recap, PADU is an built-in nationwide socio-economic database combining all obtainable knowledge from authorities departments and businesses, with family internet disposable earnings metrics getting used to offer a good image of the socio-economic place of each Malaysian family.

PADU database to be officially launched on Jan 2, 2024 at PICC Putrajaya – public can register to attend event

As reiterated in his X put up, Rafizi mentioned PADU was a vital part in permitting the federal government to maneuver from the B40-M40-T20 method in assessing the eligibility of support recipients to a extra focused and honest dedication of who ought to be capable to obtain support and those that shouldn’t.

The institution of PADU paves the best way for the focused subsidy of RON 95 petrol, which is ready to occur within the second half of 2024. As beforehand reported, there are three mechanisms doubtless for use to implement the focused subsidies for petrol and diesel. The primary shall be primarily based on particular person internet disposable earnings, which is the quantity remaining after taxes.

The second mechanism shall be primarily based on internet disposable family earnings via social safety or help schemes, whereas the third is a mix of family and particular person earnings, which shall be applied via a subsidies card.

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