BR1M 3.0 scheduled to be release on February 2014
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Prime Minister of Malaysia confirmed the date of releasing BR1M 3.0 to successful applicants
Rising cost of goods impacted every corner of the world included Malaysia. Despite that, Malaysian government is committed reducing people's burden through handouts that has been ongoing since 2012. BR1M 3.0 or Bantuan Rakyat 1 Malaysia, it is an initiative by the government helping low-income earner to stand up again.
Previously, BR1M is entitled by the people earning less than Rm3,000 a month but recent budget 2014 announced that, people earning between RM3,000 - RM4,000 also eligible for BR1M. However, those earned more than RM4,000 will receive lesser than those who earns RM3,000 a month below.
Under the budget 2014 tabled by Prime Minister on 2013, the increasing of BR1M handouts has been announced to RM650. RM150 more than previous handout. Subsequently, announced RM450 for those earning between RM3,000 - RM4,000 . Addition to that, family who has young adult age 21 and above could apply for it separately and entitle RM300 although their family has applied for household handout.
Furthermore, authorities are encouraging people put their bank information when applying BR1M as they could deliver directly to bank account respectively prevent huge traffic of people flows into bank. As for those who does not have bank account, they will collect it at counter.
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| Source: BR1M3 facebook |
February 22, 2014(UPDATE) - As promised BR1M 2014 will be released on this date. See this proof !