URDU 10 REVIEW OF SOCIO-ECONOMIC STRATEGIES FOR MALAYSIA'S MUSLIM MALAY COMMUNITY

ملائیشیا کی مسلم مالے کمیونٹی کیلئے معاشرتی و اقتصادی حکمت عملی کا جائزہ

Abstract

NEP (New Economic Policy) is the positive process of the Malaysian government for the rehabilitation of social and economic non-balances between the large ethnic groups in multi-racial society. As Muslim Malays suffered from religious, educational, social, economic crisis in the colonial period, the positive factors and implementation of the New Economic Policy (NEP) has been focused in this article which has become the main tool to rectify the socio-economic discrepancy in Malaysia and it also played a dynamic role to redistribute the wealth and to re-structure the society. The New Economic Policy (NEP) was introduced in the year 1971. The Malaysian government successfully completed the period of 20 long years. This policy was introduced to attract the foreign investment and multinational business in Malaysia.