Excerpt:
"TAXI drivers exiting rental-purchase agreements, often described as the pajakmodel, will be granted RM5,000 each for the purchase of new taxis, as announced in the recent budget.
Link
"TAXI drivers exiting rental-purchase agreements, often described as the pajakmodel, will be granted RM5,000 each for the purchase of new taxis, as announced in the recent budget.
The RM60 million allocated in this scheme will benefit 12,000 taxi drivers.. Similarly, SOCSO will provide a safety net for those eligible.
Those receiving benefits will no doubt be happy initially, but others not entitled might be bitter, including large numbers of self-employed people like petty traders and hawkers.
The giving out of handouts have more ramifications than one can imagine.
For example, very few people are aware that 57 percent of all taxi permits in peninsular Malaysia are owned by individuals, and many of these permits are rented out, some together with the vehicle.
Drivers who rent such individually-owned permits or taxis without a rental-purchase agreement would have difficulty showing evidence to qualify for the RM5,000 grant.
On the other hand, taxi companies and cooperatives have allowed thousands of people unable to obtain permits, or who do not qualify for one, to drive taxis."
Rest of article: http://www.thestar.com.my/opinion/letters/2016/10/26/taxi-driver-aid-and-its-ramifications/
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