SRD Grant News Today
Advertisement i
The Finance Minister, Enoch Godongwana, announced on Wednesday evening that the Social Relief of Distress (SRD) grant, which came to be known as the R350 grant, will be increased. Since it's inception, many calls have come for an SRD grant increase.
Millions of people rely on Sassa grants to survive every month. The agency responsible for paying the grants have revealed its grant payment plan for the next twelve months.
Millions of vulnerable people rely on social grants to survive every month. The government has revealed how much they will spend to support vulnerable citizens in 2024.
South Africa will soon have a Basic Income Grant (BIG) of R624 a month. The potential creation of the grant has been widely discussed for quite some time now, with many lobbying for its official implementation.
The latest announcement from the government concerning the Social Relief of Distress (SRD) grant will come as a welcomed relief for millions of South Africans as more people will qualify for the grant.
The R350 grant is a crucial support mechanism for millions of South Africans every month. However, many who rely on the crucial support have not received payments dating back for more than a year.
The Social Relief of Distress (SRD) serves as an important relief measure for millions of South Africans every month. However, the number of people receiving the grant now is significantly less than during the grant’s previous iteration.
The R350 grant is recognised as a crucial support mechanism for millions of vulnerable South Africans. This money ensures that people can purchase essential items every month.
It was recently announced that the R350 grant income threshold will be increased. This comes as a welcomed relief around five million more people will now benefit from the crucial relief mechanism.
The social development department has announced a new income threshold for the Social Relief of Distress (SRD) grant which coudld see more people qualify for the grant. The previous income threshold prevented 5 million previous beneficiaries from receiving the grant.
Every month, around 10 million people qualify to receive the R350 grant. The grant is crucial as it is the only support unemployed individuals between 18 and 59 years old receive from the South African government.
Advertisement
Advertisement
Advertisement
Advertisement i
Advertisement m