he would scrap the NEP (National Economic Policy) in Malaysia's only Chinese-majority state, Penang, I have a mixed feeling on this.
Majority knows that NEP gives Malays preference for almost everything from jobs and housing to government contracts, educational opportunities and stocks.
They claim NEP breeds cronyism and corruption. I don't know...maybe it's true to some extent but I really can't say for certain simply because I have limited knowledge wether or not the corruptions and cronyism happened.
But if you ask my personal view on this, I'd say: NEP is perfectly fine. After all, NEP is the only policy I can think of that heavily provides the 'much stability needed' to the country all this while since it was introduced.
I say the NEP itself is perfectly fine. The ONLY problem associated with NEP is due to its IMPLEMENTATION. The way that it is implemented is flawed.
Hmm....If only they can work on improvising its implementation well, everyone is going to be happy.
So what do you think? No or Yes to NEP? As far as we (my family and I) are concerned; YES.
That's my opinion, you can have yours...
*The original source can be read here
2 comments:
i only agree that the implementation of NEP is flawed...
other than that lets malay learn how to live without anymore tongkat...
they has suffer to compete to other races just because of the special privillege they have...
one more thing to remember the NEP is implemented in 1971 and target for 20 years to be able to achieved 30% wealth of country for bumiputra..
now after 37 years of NEP..the bumiputra still didn't manage to achived the target.... it is because the wealth always goes to Umnoputra not bumiputra...
Quote:
"..now after 37 years of NEP..the bumiputra still didn't manage to achived the target.... it is because the wealth always goes to Umnoputra not bumiputra..."
Agree.
This is exactly why NEP failed when it is implemented. They should address the issue and fix it NOW before ppl give up on NEP for good.
But NEP system should not be banned totally for obvious reasons you've mentioned in ur comment above.
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