President unveils four policies to help young people - Focus Taiwan

2020 ELECTIONS / President unveils four policies to help young people

President Tsai Ing-wen (left)
President Tsai Ing-wen (left)

Taipei, Dec. 5 (CNA) President Tsai Ing-wen (蔡英文) unveiled four policies Wednesday designed to help young people get a kick-start as they enter the workforce.

Tsai discussed her youth polices during a forum hosted by the Taiwan Youth Association for Democracy and the National Student Union of Taiwan.

The president said that if re-elected, her government will extend the grace period for the repayment of student loans and interest on such loans to a maximum of eight years for young people who earn less than NT$40,000 (US$1,312) per month.

She also said she plans to continue a youth housing subsidy program and to increase rent subsidies for young people.

In an effort to boost youth employment, the government will set up a "mini Industrial Technology Research Institute" and implement technical and vocational talent cultivation, with the aim of training 10,000 people per year for emerging industries, she said.

In terms of youth business start-ups, there are several loan schemes to help young people start their own business, Tsai added.

Asked by the National Student Union of Taiwan about her views on the review mechanism for determining minimum wage levels, Tsai said that enacting a minimum wage law is one of her policies and that the Ministry of Labor drafted a bill in late May, which has been submitted to the Executive Yuan for review.

In addition to the draft law, raising the minimum wage also requires government determination, Tsai said, adding that her government has raised the minimum wage four times over the past three years for a total hike on par with that of the previous government over the past eight years.

(By Phoenix Hsu, Matt Yu and Evelyn Kao)


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