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Government Working To Introduce Basic Income Support

Social grants provide basic goods and services to more than 25 million vulnerable individuals. This support will be extended through basic income support, according to the government.Basic Income Support (BIS) is currently being planned by the Department of Social Development (DSD).

Government Working To Introduce Basic Income Support

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President Cyril Ramaphosa announced during his State Of The Nation Address (SONA) that the government is developing a targeted Basic Income Support mechanism. As a result of the country’s financial constraints, this plan is being developed.Currently, only a handful of South Africans benefit from BIS, according to DSD Minister Lindiwe Zulu.

Zulu said, “There would be fewer reasons for this intervention if our society and economy were not structured to benefit the absolute few.”By integrating data across government agencies, BIS will build on the innovations introduced through the Social Relief of Distress (SRD) grant.

Ramaphosa Announcement

Ramaphosa also announced that the SRD grant will continue beyond 2024. The minister says this shows the government’s commitment to protecting citizens from economic, health, social, and climate change shocks.

A framework for the absorption of employable youth receiving child support grants will also be developed by the Social Development portfolio in collaboration with other government departments and private sector partners.

It is believed that this will allow youth who are currently receiving grants to become economically independent and ensure they can live a dignified life.Since nearly all of the young people receiving grants on behalf of children are young women, it is imperative that they are empowered to improve their dignity and remove most of the socially constructed vulnerabilities that bedevil women.”Further easing the burden on the fiscus can be achieved by providing jobs for youth and funding entrepreneurship programs.

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