Introducing the New R999 Basic Income Grant

Addressing Economic Hardship and Unemployment

Introducing the New R999 Basic Income Grant : In the midst of mounting living costs and a severe unemployment crisis affecting approximately 8 million South Africans, a response has emerged to provide a significant boost to the basic income grant. This proposal, initiated by the GOOD party, stands as a central focus leading up to the impending general elections.

The “GOOD Deal” Initiative R999 Basic Income

Dubbed the “GOOD deal,” this proposal advocates for a basic income grant of R999, emphasizing both its feasibility and critical necessity. The party asserts that providing direct cash assistance is the most effective means of aiding those living in poverty with no income.

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Upholding Constitutional Obligations

Brett Herron, Secretary General of the GOOD Party, argues that the government’s support for the impoverished population remains insufficient, failing in its constitutional duty to assist those unable to sustain themselves, as outlined in Section 27 of the South African Constitution.

Aligning with National Development Goals

The R999 grant aligns with the National Development Plan’s objective to eradicate situations where individuals fall below the lower-bound poverty line. In 2022, this poverty line was estimated at R945 per month, well above the current SRD grant of R350, which falls significantly short of meeting even half of the estimated food poverty line of R663 per person per month.

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Targeting Unemployment and Poverty

The proposed R999 grant is intended to cover the lower-bound poverty line with an additional allocation for transportation costs, primarily to aid job-seeking activities. Geared towards unemployed South Africans aged between 18 and 60, this initiative aims to substantially improve the financial support offered, recognizing the necessity for a significant uplift in economic aid.