Scheme $6000: A Benefit to Both the Government and the People of Hong Kong or Not?

Best Essays
The budget plan has announced the “Scheme $6,000” this year. It is a scheme that people who have Hong Kong Permanent Identity Card aged 18 or above can get $6000 from government. People who choose to defer receipt $6000 can have $200 bonus. It seems that it is a good policy for people: low-income group can have this subsidy to solve their financial problem; the others can save it, or use it to buy their favourite items. But when we think it seriously, is it really a helpful subsidy for low income group? Does the government only consume this bulk of $6000 and $200 bonus? Is it an efficient and fast process to give $6000 to people’s hand? Up to now, the “Scheme $6,000” has used almost 8 months to plan and work the delivery process. Compare to the delivering money process of Macau in recent years; it is a non-efficient and time-consuming way to plan and deliver. In this essay, we would focus on 4 aspects: time used, cost consumed, human resources and the long-term benefit. To find that is “Scheme $6,000” really benefit both government and Hong Kong people or not.

In the time aspect, “Scheme $6000” wasted a huge amount of time cost as deliver to Hong Kongers. Time is a limited resource to everyone. Life is short. The use of our treasure time is an important issue in our life. Covey (n.d.), a management expert, states four generations is about time management. The fourth generation is about being efficient. It can be paraphrased as "Less is more," which emphasizes the importance of squeezing every minute of your time, as suggested in traditional time management schemes. From the policy address announced to all Hong Kongers receive their $6000, it will take about 22 months. The time cost is extremely high compare to city next to Hong...

... middle of paper ...

...etting serious, so Hong Kong hospitals are facing larger demand of medical services and need more medical supplies. As medical services are one of the basic needs of human, to raise living standard of Hong Kong residents, the Government should dump the pool of money involved in Scheme $6000 into more efficient use, such as increasing supply of nurses.

Works Cited

1. Government changed for handing $6000 MPF to cash. (2011, March 07). Retrieved from$6000-to-replace-investing-in-MPF.aspx

2. Scheme $6000 details set. (2011, August 12). Retrieved from$6000-details-set.aspx

3. Scheme $6,000. (n.d.). Retrieved from

4. Macao SAR- 2010 wealth partaking scheme. (n.d.). Retrieved from