In today’s Sassa New update – Concerns have been raised that the R350 grant is insufficient to feed the beneficiaries. President Cyril Ramaphosa has highlighted the issue and provided clarification. According to him, the government does not have enough money to increase Social Relief of Distress (SRD) grants, also known as R350 grants.

The grant was first introduced in May 2020 as a temporary measure to address the needs of the most vulnerable during the pandemic. The grant proved effective immediately after implementation.

Ramaphosa gave a speech in KwaZulu He Natal’s Ug district. There, the National Council of States (NCOP) met this week to introduce the council to the people.

During the session, community members raised various concerns, including insufficient subsidies.

The president said he knew the subsidies might not be enough, but that’s all the government can offer at the moment.

“We know that to most of you, the money is not enough and that people want the money to be increased but the government does not have enough money for that but we will continue with the grant, even in the coming year,”

said Ramaphosa.

This year, his SRD subsidy income threshold for the food poverty line was raised from his R350 to R624, giving more people the opportunity to apply, qualify and receive financial assistance.

However, South Africa’s treasury has indicated that it may run into financial hurdles in disbursing SRD grants.

The long-debated introduction of a permanent Basic Income Subsidy (BIG) has recently become a reality. That means providing income support to people from her 18 to her 59 who are struggling to make a living and are not on welfare.

Original SRD grant recipients are grateful for the financial support they can get, but the increased threshold (up to R624) is an even greater godsend.

South Africa in particular suffers from a high cost of living, so 350 reais per month is not enough.

But while these promised changes have been somewhat welcomed, the Treasury reminds South Africans that these plans require funds the country may not have.

South Africans are now impatiently waiting for the formal explosion of the changes accompanying both grants.

Click  Here For All The Latest R350 Grant News


Leave a Reply

Your email address will not be published. Required fields are marked *