Saturday October 16, 2010 the star.
Khaled: Key focus is on human capital
A KEY focus of Budget 2011 is to build quality human capital and increase the value of research and development (R&D).“The allocation for the ministry of higher education has increased to RM10.2bil from RM8.5bil last year. This will help us generate better human capital".
Lecturers can now be considered for promotion to the highest grades as well as conferred the title Premier Professor without holding administrative positions.
UNIK will be set up under the Prime Minister’s Department to focus on the commercialisation of research findings by universities and research institutions, with an allocation of RM71mil.
“This year’s budget can be interpreted as one that aims to enhance graduate employability, as well as take care of school leavers who are unable to proceed to tertiary studies,”
A total of RM330mil has been allocated for retraining and upgrading the skills of graduates.
Of this, RM60mil is for the Industrial Skills Enhancement Programme for engineering graduates and technical employees, RM50mil for the Multimedia Development Corporation to train graduates for the ICT industry and RM220mil for graduates in other fields.
A further allocation of RM474mil will go towards enhancing the skills of non-graduates, including school-leavers and youths.
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How about basic and fundamental research?
How about the procedures and assessment for promotion?
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